Christopher Longhito, who serves as FMR SVP & CSCO at Global Industrial Co (NYSE:GIC), disclosed a series of equity transactions in a Form 4 filed with the Securities and Exchange Commission. The filing shows Longhito sold company common stock totaling $385,013 in multiple trades executed between March 23 and March 27, 2026, with per-share prices reported in the range of $30.97 to $31.46.
The filing lists the sales activity in detail. On March 23, Longhito sold 819 shares at $31.3 per share. Subsequent sales included 364 shares on March 26 at $31.46. On March 27, the report shows additional transactions: 2,927 shares at $31.00; 1,984 shares at $31.00; 32 shares at $31.095; 5,985 shares at $31.05; and 286 shares at $30.97. The filing indicates a total of 9,497 shares were sold in these multiple transactions.
In the same filing, Longhito reported exercising stock options on March 27, 2026, to acquire 4,911 shares of Global Industrial common stock for a combined cost of $131,775. The option exercises are shown as involving 2,927 shares at an exercise price of $28.99 and 1,984 shares at an exercise price of $23.65.
The company's share price currently trades at $31.52 and is noted as having risen 45% over the past year. An InvestingPro analysis cited in the filing notes the shares remain undervalued relative to their Fair Value. The filing also references an InvestingPro observation that the company trades at a low price-to-earnings ratio relative to near-term earnings growth, and points to 10 additional ProTips and a Pro Research Report for further analysis.
This report sticks to the details shown in the SEC Form 4 filing and the associated InvestingPro notes. The disclosure documents the timing, quantities and prices of the sales and the option exercises exactly as reported in the filing.
Clear summary
Longhito disclosed the sale of company stock totaling $385,013 across transactions dated March 23-27, 2026, and exercised options to acquire 4,911 shares for $131,775, all recorded in a Form 4 filing with the SEC. The stock trades at $31.52 and InvestingPro analysis flags the shares as undervalued relative to Fair Value.