AXMACHER THOMAS 4/A

What Happened Thomas Axmacher, VP & Controller of Global Industrial Co (GIC), had 203 shares withheld and surrendered to satisfy tax withholding obligations tied to the vesting of performance-based restricted stock units. The shares were valued at $32.17 each for a total of $6,531. This was a tax-withholding share surrender (routine disposal), not an open-market sale or a buy.

Key Details

• Transaction date: 2026-02-13
• Price per share: $32.17; Shares withheld/surrendered: 203; Total value: $6,531
• Footnote: Withholding relates to vesting of Performance-Based Restricted Stock Units originally granted on Feb 13, 2022 (tax withholding, code F)
• Amendment: This Form 4/A (filed 2026-03-25) corrects an earlier Form 4 (filed 2026-02-18) that incorrectly reported 122 shares withheld; the correct number is 203 and beneficial ownership was adjusted accordingly
• Beneficial ownership after the transaction: amended on the Form 4/A (the corrected total was updated in the filing)

Context Share withholding to cover taxes on vested RSUs is a common, administrative action and generally does not signal an insider's decision to sell or buy stock. This was a cashless tax withholding related to vested performance RSUs, not an exercised-and-sold transaction.