Hughes Claudia 4/A
4/A · GLOBAL INDUSTRIAL Co · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-13$32.17/sh−423$13,608→ 42,689 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.