---
schema_version: "secwatch.filing_event.v1"
accession: "0000945114-25-000044"
form_type: "8-K"
ticker: "GIC"
cik: "0000945114"
company_name: "GLOBAL INDUSTRIAL Co"
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:56:37.760868+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Global Industrial awards $1M special bonus to Executive Chairman Leeds for interim CEO service

## Summary
- Board approved one-time cash bonus of $1,000,000 to Richard B. Leeds, Executive Chairman.
- Bonus compensates Leeds for serving as Interim CEO from Aug 9, 2024 to Feb 17, 2025.
- Payment due on or about August 15, 2025; no supplemental compensation had been paid previously.
- Award made on recommendation of Compensation Committee; recognized leadership during transition.

## SEC filing metadata
- accession: 0000945114-25-000044
- form_type: 8-K
- ticker: GIC
- cik: 0000945114
- company_name: GLOBAL INDUSTRIAL Co
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945114/000094511425000044/0000945114-25-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945114/000094511425000044/gic-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000945114-25-000044
- JSON: https://secwatch.observer/filing/0000945114-25-000044.json
- Plain text: https://secwatch.observer/filing/0000945114-25-000044.txt

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