Welcome to our dedicated page for Global Industrial Co SEC filings (Ticker: GIC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Global Industrial Company filings document the reporting record of an industrial equipment and MRO supplies distributor. Recent Form 8-K reports furnish operating results and financial-condition updates, attach earnings releases as exhibits, and disclose common-stock dividend actions under Regulation FD or other event items.
The company’s definitive proxy materials cover board and governance matters, executive compensation, equity and option awards, and annual meeting disclosures. Other current reports include officer compensation arrangements, while exhibit and Inline XBRL records support formal disclosure of material events, capital-return actions and public-company reporting controls.
GLOBAL INDUSTRIAL Co filed an initial Form 3 for executive Buquid Jude, who serves as SVP & Chief Supply Chain Officer. This filing establishes Jude as a reporting person for insider ownership purposes, and the data provided does not list any equity transactions or existing derivative positions.
Global Industrial Co. ownership update: FMR LLC (and Abigail P. Johnson as reported) filed Amendment No. 5 to a Schedule 13G/A stating beneficial ownership of 3,189,538.70 shares, representing 8.4% of Global Industrial common stock. The filing lists sole dispositive power of 3,189,538.70 shares and sole voting power of 3,188,289.
Global Industrial Company reported solid Q1 2026 growth, with net sales rising to $350.4 million from $321.0 million, driven by both price and volume and strong performance from large strategic accounts in the U.S. and Canada.
Operating income from continuing operations increased to $20.6 million from $18.2 million, and diluted EPS from continuing operations improved to $0.39 from $0.35. Total diluted EPS, including discontinued operations, was $0.42. Gross margin was stable at 34.8%, down slightly from 34.9%, as fuel surcharges and project mix offset pricing actions.
Cash stood at $61.7 million with working capital of $225.7 million, and the company had $119.9 million of excess availability under its $125.0 million secured revolver. A quarterly dividend of $0.28 per share was paid. Management highlights ongoing material weaknesses in IT general controls at the Indoff subsidiary but believes the consolidated financial statements are fairly stated while remediation continues. The company has begun filing refund claims for tariffs paid under IEEPA after a recent U.S. Supreme Court decision, though outcomes and timing are uncertain.
Global Industrial Company reported solid first quarter 2026 results and declared a cash dividend of $0.28 per share. Net sales rose 9.2% to $350.4 million from $321.0 million, while gross profit increased to $121.9 million with gross margin essentially steady at 34.8% versus 34.9%.
Operating income from continuing operations grew 13.2% to $20.6 million, lifting operating margin to 5.9% from 5.7%. Net income from continuing operations was $15.3 million, and total net income including discontinued operations reached $16.6 million, driving diluted EPS to $0.42 compared with $0.35 a year earlier.
At March 31, 2026, the company reported working capital of $225.7 million, cash and cash equivalents of $61.7 million, and approximately $119.9 million of excess availability under its credit facility. Operating cash flow from continuing operations was $4.7 million, and the company repurchased about 22,000 shares for $0.6 million.
Global Industrial Company is holding its 2026 annual stockholder meeting virtually on June 1, 2026 at 12:00 p.m. Eastern via live audio webcast. Holders of 38,261,099 common shares as of April 9, 2026 can vote online, by phone, or by mail.
Stockholders will elect eight directors, ratify Ernst & Young LLP as independent auditor for 2026, cast an advisory vote on executive pay, and vote on an amended and restated 2018 Employee Stock Purchase Plan. The Board recommends “FOR” all four proposals and highlights that the company is a controlled company led by the Leeds family, with 50% of directors independent and all key Board committees fully independent.
The proxy emphasizes pay-for-performance, mandatory stock ownership guidelines, annual say‑on‑pay, and no poison pill or supermajority voting. Ernst & Young billed $2.9 million in 2025 audit and related fees, up from $2.2 million in 2024, all pre‑approved by the Audit Committee.
GLOBAL INDUSTRIAL Co insider Christopher Longhito executed and sold stock option shares in a series of March transactions. On March 27, 2026, he exercised Employee Stock Options for 2,927 shares at $28.99 and 1,984 shares at $23.65 per share, receiving Common Stock.
That same day, he completed multiple open-market sales of Common Stock, and additional sales occurred on March 26 and March 23, 2026. In total, the filing shows 12,397 shares sold, leaving him with 0 shares and no remaining derivative positions reported.
GLOBAL INDUSTRIAL Co insider Christopher Longhito reported a series of option exercises and share sales. On March 27, 2026, he exercised employee stock options for 4,911 shares of common stock at strike prices of $28.99 and $23.65 per share.
He then executed open-market sales totaling 12,397 shares of common stock between March 23 and March 27, 2026, at prices around $31 per share. The filings show his directly held common stock position declining to 0 shares, and no remaining option holdings are listed.
Footnotes note that the employee stock options granted in 2020 and 2023 vest over four years, with 25% vesting on each anniversary of the grant date.
GIC reported insider sales by Christopher Longhito. Mr. Longhito sold 819 shares on 03/23/2026 for $25,705.75 and 364 shares on 03/26/2026 for $11,451.37.
These transactions appear in a Form 144 filing reporting dispositions of Common stock.
GLOBAL INDUSTRIAL Co senior vice president and chief information officer Manoj Shetty reported a small, routine share disposition tied to taxes rather than a market trade. On a tax-withholding basis, 727 shares of common stock were surrendered at $32.17 per share to cover the tax liability from the vesting of a performance-based restricted stock unit award originally granted on February 13, 2022. After this transaction, Shetty directly holds 38,986 shares of common stock.