Longhito Christopher 4/A
Research Summary
AI-generated summary
GIC SVP Christopher Longhito Surrenders 469 Shares for Taxes
What Happened Christopher Longhito, SVP & Chief Supply Chain Officer of GLOBAL INDUSTRIAL Co (GIC), had 469 shares surrendered to satisfy tax withholding obligations tied to the vesting of performance-based restricted stock units (RSUs). The withholding was reported as a disposition at $32.17 per share, for a total value of $15,088. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: February 13, 2026
- Price: $32.17 per share; Shares surrendered: 469; Total value: $15,088
- Transaction type: Tax withholding on RSU vesting (Footnote F1: shares surrendered to pay tax liability for Performance-Based RSUs originally granted Feb 13, 2022)
- Filing: This is an amended Form 4/A filed March 25, 2026, correcting the number of shares withheld (originally reported as 281; correct number is 469). No other information changed.
- Shares beneficially owned after transaction: updated on the amended filing (see Form 4/A for the revised total)
Context
- This was a routine cashless-share surrender to cover taxes when performance RSUs vested, not an indication of a discretionary cash sale. Such withholding transactions are common and reflect tax obligations rather than insider sentiment.
- The amendment corrects the withheld-share count; investors should refer to the amended Form 4/A for the authoritative beneficial ownership figures.