AXMACHER THOMAS 4/A

What Happened

• Thomas Axmacher, Vice President & Controller of Global Industrial Co (GIC), had 94 shares withheld on February 28, 2025 to cover tax withholding related to the delivery of performance-based restricted stock units (RSUs). The withholding price reported was $23.77 per share, totaling $2,234. This disposition is a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction date and price: 2025-02-28 at $23.77 per share
• Shares withheld/disposed: 94 shares surrendered for tax withholding
• Transaction code: F (shares withheld to satisfy tax withholding obligations)
• Footnote: Withheld shares were to cover tax liability on a Performance-Based RSU award granted Feb 21, 2021
• Amendment: This Form 4/A (filed 2026-03-25) corrects an earlier Form 4 (filed 2025-03-04) that mistakenly reported 176 shares withheld; the correct number is 94 and beneficial ownership was revised accordingly
• Timeliness: The original Form 4 was filed March 4, 2025 (within the typical 2-business-day reporting window); this filing is an amendment correcting the withholding count

Context

• This was a routine tax-withholding/settlement of vested RSUs rather than a market sale or purchase, so it does not necessarily indicate a change in insider sentiment. For exact post-transaction beneficial ownership, refer to the amended Form 4/A filed with the SEC.