Shetty Manoj 4/A

What Happened
Manoj Shetty, SVP & Chief Information Officer of Global Industrial Co (GIC), had 332 shares withheld on 2025-02-28 to satisfy tax withholding obligations tied to the vesting of performance-based restricted stock units (RSUs). The withholding price was $23.77 per share, totaling $7,892. This was a tax-withholding surrender (disposition), not an open-market sale or purchase.

Key Details

• Transaction date: 2025-02-28
• Price per share: $23.77; Shares withheld: 332; Total value: $7,892
• Footnote: Shares were surrendered to pay taxes on Performance-Based RSUs originally granted Feb 21, 2021 (F1).
• Filing: This is an amended Form 4 (filed 2026-03-25) correcting the number of shares withheld — the original March 4, 2025 Form 4 had incorrectly reported 635 shares withheld. The amendment revises the resulting beneficial ownership accordingly; no other changes were made.
• Beneficial ownership after the transaction: revised in the amendment (exact post-transaction total not provided in this summary).

Context
Tax-withholding surrenders for vested RSUs are routine and reflect payroll/tax settlement rather than a deliberate market sell-off or purchase. This was a relatively small-value, administrative disposition related to RSU vesting, not an indicator of a trading view by the insider.