secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL INDUSTRIAL Co (GIC)
CIK:        0000945114
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0000945114-23-000024
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Global Industrial awards CEO Barry Litwin $400K in special equity; CFO Thomas Clark gets $280K RSUs
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- CEO Barry Litwin receives 6,899 PRSUs ($200K) and 17,699 stock options ($200K) under LTIP.
- CFO Thomas Clark receives 9,659 RSUs ($280K) under LTIP.
- PRSUs vest based on performance; options and RSUs vest 25% annually over 4 years.
- Awards approved Feb 21, 2023 by Board and Compensation Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945114/000094511423000024/0000945114-23-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945114/000094511423000024/gic-20230221.htm
  HTML page:      https://secwatch.observer/filing/0000945114-23-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer