GLOBAL INDUSTRIAL Co·4/A

Mar 25, 7:50 PM ET

Tomey Alex 4/A

Research Summary

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Updated

Global Industrial (GIC) SVP Alex Tomey Surrenders 904 Shares for Taxes

What Happened

  • Alex Tomey, SVP & Chief Merchandising Officer of Global Industrial Co. (GIC), surrendered 904 shares on Feb 13, 2026 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 $29,082. This was a tax-withholding disposal (not an open-market sale).

Key Details

  • Transaction date and price: Feb 13, 2026 at $32.17 per share.
  • Shares surrendered/disposed: 904 shares for tax withholding (Transaction code F).
  • Total value of shares surrendered: $29,082.
  • Reason: Tax withholding incident to vesting of Performance-Based RSUs originally granted Feb 13, 2022 (footnote F1).
  • Filing: This is an amended Form 4 (filed Mar 25, 2026) correcting the number of shares withheld. The original Form 4 filed Feb 18, 2026 incorrectly reported 542 shares withheld; the correct number is 904. No other information changed.
  • Beneficial ownership: The amended filing states the beneficial ownership was revised accordingly; see the Form 4/A for the updated total.

Context

  • This was a routine tax-withholding event tied to vesting of RSUs (shares surrendered to the issuer), not an open-market sale or a discretionary sale by the insider. Such withholdings are administrative and do not necessarily indicate a change in the insider’s view of the company.