GLOBAL INDUSTRIAL Co·4/A

Mar 25, 7:45 PM ET

Longhito Christopher 4/A

Research Summary

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GLOBAL INDUSTRIAL SVP Christopher Longhito Surrenders 73 Shares for Taxes

What Happened

  • Christopher Longhito, Senior Vice President & Chief Supply Chain Officer of Global Industrial Co (GIC), had 73 shares withheld/surrendered to satisfy tax withholding related to the delivery/vesting of performance-based restricted stock units. The shares were valued at $23.77 each, for a total of $1,735 (transaction code F).

Key Details

  • Transaction date: 2025-02-28; withholding price: $23.77 per share; 73 shares surrendered; total value ≈ $1,735.
  • Footnote: Shares were surrendered to pay tax liability arising from vesting of a Performance-Based Restricted Stock Unit award originally granted Feb 21, 2021 (F1).
  • This is an amended Form 4/A (filed 2026-03-25) correcting the number of shares withheld — the original Form 4 (filed 2025-03-04) incorrectly reported 137 shares withheld; the correct number is 73, and the beneficial ownership figure in the filing was revised accordingly. See the amended Form 4/A for the updated post-transaction beneficial ownership total.
  • Transaction code F indicates tax withholding (not an open-market sale).

Context

  • Withholding shares to cover taxes on vested RSUs is a routine, administrative action (a cashless/settlement withholding) and does not necessarily indicate the insider’s view on the company’s stock. The amendment corrects reporting details; no other changes to the original filing were reported.