Thomas Axmacher, VP and Controller of Global Industrial Co (NYSE:GIC), filed a Form 4 on November 9, 2026, disclosing a series of stock option exercises and open-market share sales between November 5 and November 9, 2026.

Key Highlights

  • Option exercise: Axmacher exercised 2,928 employee stock options on November 5, 2026, at an exercise price of $23.65 per share, acquiring 2,928 shares of common stock.
  • Multi-day share sales: A total of 5,721 shares were sold across four transactions between November 5 and November 9, 2026, at prices ranging from $46.525 to $47.40 per share.
  • Weighted average sale price: The November 5 sale of 2,928 shares carried a reported weighted average price of $46.7326, with individual transactions ranging from $46.525 to $46.885.
  • Remaining beneficial ownership: Following all reported transactions, Axmacher directly held 3,291 shares of common stock.
  • Option origin: The exercised options were granted on February 10, 2020, with a four-year vesting schedule of 25% per year on each anniversary date, and an expiration date of February 10, 2030.
  • Post-exercise options: Following the exercise, Axmacher held 0 remaining employee stock options of this grant.

Axmacher's Option Exercise and Share Disposals at Global Industrial Co

According to the filing, Thomas Axmacher, serving as VP and Controller of Global Industrial Co, executed a sequence of transactions in company common stock over five days. On November 5, 2026, he exercised 2,928 employee stock options at the grant exercise price of $23.65 per share, with transaction code "M," bringing his total beneficial ownership at that point to 9,012 shares directly held.

Also on November 5, 2026, Axmacher sold 2,928 shares at a weighted average price of $46.7326 (transaction code "S"), reducing his holdings to 6,084 shares, followed by the sale of an additional 831 shares at $46.965, leaving 5,253 shares. The filing notes that the weighted average price for the first November 5 sale reflects multiple transactions at prices ranging from $46.885 to $46.525, inclusive, and that full detail is available upon request to the SEC, the issuer, or a security holder. On November 6, 2026, the reporting person sold 1,314 shares at $46.795, bringing holdings to 3,939 shares. On November 9, 2026, a further 648 shares were disposed of at $47.40, leaving a remaining direct beneficial ownership of 3,291 shares.

The filing states the options exercised were originally granted on February 10, 2020, under a four-year vesting schedule, with 25% vesting on each of the first, second, third, and fourth anniversary dates of the grant. Following the exercise, the filing reports zero remaining options from this grant. The Form 4 was signed by April Gruder as Attorney-in-Fact for Thomas Axmacher and dated November 9, 2026.

What Was Disclosed

Global Industrial Co's VP and Controller Thomas Axmacher disclosed the exercise of 2,928 stock options and the subsequent sale of 5,721 shares of common stock between November 5 and November 9, 2026, leaving him with 3,291 directly held shares.