Claudia Hughes, SVP and Chief Sales Officer of Global Industrial Co (NYSE:GIC), filed a Form 4 on September 11, 2026, reporting nine acquisitions of common stock spanning August 19, 2024 through August 24, 2026, all attributed to an automatic dividend reinvestment feature in her personal brokerage account.

Key Highlights

  • Reporting person and role: Claudia Hughes, SVP and Chief Sales Officer at Global Industrial Co
  • Transaction type: Nine separate open-market purchase (code "P") transactions, each identified as shares inadvertently acquired through an automatic dividend reinvestment feature
  • Share counts per transaction: Individual acquisitions of 12, 14, 19, 15, 12, 16, 15, 16, and 15 shares, respectively, across the nine dates
  • Price range: Per-share prices ranged from $22.39 to $38.67 across the nine transactions, according to the filing
  • Resulting ownership: Following all reported transactions, Hughes directly holds 32,301 shares of common stock
  • Short-swing profit payment: The filing discloses that Hughes paid $330.32 to the issuer representing short-swing profits realized in connection with dispositions of common stock matchable against the reported acquisitions

Dividend Reinvestment Acquisitions and Short-Swing Profit Disclosure at Global Industrial

According to the filing, Global Industrial Co is identified as the issuer, a company for which Hughes serves as SVP and Chief Sales Officer. The nine transactions reported in Table I of the Form 4 each carry transaction code "P" and are each marked with footnote (1), which states: "Represents shares inadvertently acquired as a result of an automatic dividend reinvestment feature in the personal brokerage account of the reporting person." No derivative securities transactions were reported in Table II.

The transactions occurred on the following dates and at the following per-share prices, as stated in the filing: August 19, 2024 at $32.50 (12 shares); November 18, 2024 at $27.61 (14 shares); March 17, 2025 at $22.39 (19 shares); May 19, 2025 at $27.22 (15 shares); August 18, 2025 at $34.85 (12 shares); November 17, 2025 at $26.80 (16 shares); March 16, 2026 at $30.53 (15 shares); May 26, 2026 at $29.48 (16 shares); and August 24, 2026 at $38.67 (15 shares). All shares are held directly. The cumulative beneficial ownership rose from 32,179 shares following the first transaction to 32,301 shares following the last.

The filing also discloses a short-swing profit remediation. The remarks section states that Hughes "has paid to the Issuer $330.32, representing the amount of short-swing profits realized in connection with dispositions of Common Stock matchable against acquisitions reported herein." The form was signed by April Gruder as Attorney-in-Fact on September 11, 2026.

What Was Disclosed

The Form 4 filed September 11, 2026 by Claudia Hughes of Global Industrial Co (NYSE:GIC) reports nine dividend-reinvestment share acquisitions between August 2024 and August 2026, a resulting direct ownership of 32,301 shares, and a $330.32 short-swing profit payment to the issuer.