GLOBAL INDUSTRIAL Co·4/A

Mar 25, 7:49 PM ET

Longhito Christopher 4/A

Research Summary

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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.