Shetty Manoj 4/A

What Happened

• Manoj Shetty, SVP & Chief Information Officer of GLOBAL INDUSTRIAL Co (GIC), had 727 shares withheld/surrendered to satisfy tax withholding obligations tied to the vesting of performance-based restricted stock units. The withholding was reported as a disposition at $32.17 per share, totaling $23,388. This was a tax-withholding event (not an open-market sale).

Key Details

• Transaction date: 2026-02-13; per-share price reported: $32.17; total value: $23,388.
• Transaction code: F (payment of exercise price or tax liability / shares surrendered for tax withholding).
• Footnote: Shares were surrendered to cover taxes on a Performance-Based Restricted Stock Unit award originally granted on February 13, 2022.
• Filing: This is an amended Form 4/A filed 2026-03-25 correcting the number of shares withheld (original Form 4 filed 2026-02-18 had incorrectly reported 436 shares withheld; the correct number is 727). The amendment also revises the reporting person’s beneficial ownership accordingly — see the Form 4/A for the updated total.
• Timeliness: The original Form 4 was filed on Feb 18 for a Feb 13 transaction, which is outside the usual two-business-day reporting window; the amendment was filed Mar 25.

Context

• This was a routine tax-withholding disposition related to vested performance RSUs (not an intentional open-market sale to raise cash). Such withholdings are common when shares vest and do not by themselves indicate insider sentiment about the company.