---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-22-000055"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2022-07-06T23:59:59+00:00"
generated_at: "2026-06-24T21:09:33.945888+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Global Industrial grants CEO Barry Litwin $1M RSU award; 30,003 units vest over four years

## Summary
- Board and Compensation Committee approved $1,000,000 RSU grant to CEO Barry Litwin on July 1, 2022.
- Award consists of 30,003 restricted stock units under the 2020 Omnibus Long-Term Incentive Plan.
- 20% of RSUs vested on grant date; remaining 20% vests annually on each of the next four anniversaries.
- Vesting subject to continuous employment; accelerated vesting per award agreement terms.

## SEC filing metadata
- accession: 0000945114-22-000055
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2022-07-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945114/000094511422000055/0000945114-22-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511422000055/gic-20220701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-22-000055
- JSON: https://secwatch.observer/filing/0000945114-22-000055.json
- Plain text: https://secwatch.observer/filing/0000945114-22-000055.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.