Hughes Claudia 4/A
Research Summary
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GLOBAL INDUSTRIAL (GIC) SVP Claudia Hughes Surrenders 423 Shares for Taxes
What Happened Claudia Hughes, SVP & Chief Sales Officer of GLOBAL INDUSTRIAL Co (GIC), surrendered 423 shares to satisfy tax withholding obligations tied to the vesting of performance-based restricted stock units. The shares were reported disposed at $32.17 per share on February 13, 2026, for a total value of $13,608. This filing is an amendment correcting the number of shares withheld (see details below).
Key Details
- Transaction date and price: 2026-02-13, 423 shares at $32.17 each (total $13,608).
- Transaction type/code: F — shares surrendered/withheld to cover tax liability upon RSU vesting (cashless withholding).
- Grant/award origin: Performance-Based Restricted Stock Units originally granted February 13, 2022.
- Amendment: Form 4/A (filed 2026-03-25) corrects the original Form 4 (filed 2026-02-18) which mistakenly reported 263 shares withheld; the correct number is 423. The amendment also revises the reported beneficial ownership accordingly.
- Shares owned after transaction: The amended filing states beneficial ownership was revised to reflect 423 shares withheld; the corrected post-transaction total is reported in the amended Form 4 (see SEC filing for the exact updated balance).
Context This was a routine, non-market transaction — shares were surrendered to cover taxes on vested RSUs rather than sold on the open market. Such tax-withholding share surrenders are common following equity vesting and do not necessarily signal insider buying or selling intent. The amendment only corrects the withholding count and resulting ownership figures; no other transaction details changed.