Hughes Claudia 4/A

What Happened
Claudia Hughes, Senior Vice President & Chief Sales Officer of Global Industrial Co. (GIC), had 236 shares withheld to satisfy tax withholding obligations related to the vesting of performance-based restricted stock units (RSUs). The withholding occurred on February 28, 2025, at an effective price of $23.77 per share, resulting in shares surrendered valued at $5,610. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2025-02-28 at $23.77 per share.
• Shares withheld/disposed: 236 shares; total value ≈ $5,610.
• Footnote: Shares were surrendered to pay tax liability on a Performance-Based RSU award originally granted Feb 21, 2021 (F1).
• Filing status: This is an amended Form 4/A (filed 2026-03-25) correcting the number of shares withheld reported in the original Form 4 (filed 2025-03-04). The original filing incorrectly reported 808 shares withheld; the correct number is 236.
• Beneficial ownership after transaction: amended filing revises the previously reported total ownership to reflect the 236-share withholding (see the Form 4/A for the exact post-transaction share count).

Context
This transaction reflects routine tax withholding associated with RSU vesting (a cashless/stock-settled mechanism to cover taxes) rather than a deliberate buy or sell for investment reasons. Such withholdings are common and generally do not signal insider buying or selling intent. The amendment corrects reporting details from the earlier Form 4; retail investors should rely on the amended filing for the accurate withholding amount.