Clark Thomas Eugene 4/A
4/A · GLOBAL INDUSTRIAL Co · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Global Industrial CFO Clark Thomas Eugene Surrenders 1,000 Shares for Taxes
What Happened
Clark Thomas Eugene, the CFO of GLOBAL INDUSTRIAL Co (GIC), had 1,000 shares surrendered to the issuer to satisfy tax withholding on the vesting of performance-based restricted stock units (PB RSUs). The shares were valued at $32.17 each, totaling $32,170. This was a withholding-for-taxes transaction (code F), not an open-market sale.
Key Details
- Transaction date (reporting period): 2026-02-13
- Amended Form 4 filed: 2026-03-25 (this Form 4/A corrects an earlier Form 4 filed 2026-02-18)
- Transaction type/code: Tax withholding on vested PB RSUs (code F)
- Shares withheld/disposed: 1,000 shares at $32.17 = $32,170
- Footnote: Withholding was to satisfy tax liability on PB RSUs originally granted Feb 13, 2022 (footnote F1)
- Correction: Original filing incorrectly reported 586 shares withheld; the amended filing corrects that to 1,000 and revises the resulting beneficial ownership accordingly
- Shares owned after transaction: revised in the amended filing (see Form 4/A for the exact post-transaction beneficial ownership)
Context
Surrendering shares to cover tax withholding on RSU vesting is a routine administrative action and does not represent an open-market sale signal about the insider’s view of the company. The amendment simply corrects the number of shares withheld and the resulting ownership figure; no other transaction details were changed.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-13$32.17/sh−1,000$32,170→ 75,083 total
Footnotes (1)
- [F1]Shares surrendered for payment of tax liability incident to vesting of a Performance-Based Restricted Stock Unit award originally granted on February 13, 2022.