Global Industrial Co. Executive Compensation Revealed
Ticker: GIC · Form: DEF 14A · Filed: Apr 23, 2025 · CIK: 945114
Sentiment: neutral
Topics: executive-compensation, proxy-statement, stock-options
TL;DR
GIC exec comp details out - stock options for Clark, Hughes, Shetty, Storch, Litwin.
AI Summary
GLOBAL INDUSTRIAL Co. filed its DEF 14A on April 23, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on stock options granted to key executives such as Thomas Clark, Claudia Hughes, Manoj Shetty, Adina Storch, and Barry Litwin. It also provides details on compensation for Barry Litwin, Richard Leeds, and other officers over the past few fiscal years.
Why It Matters
This filing provides transparency into how much top executives are being paid, which can influence investor decisions and perceptions of company management.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing for executive compensation, not indicating any unusual financial distress or significant operational changes.
Key Players & Entities
- GLOBAL INDUSTRIAL Co (company) — Filer
- Thomas Clark (person) — Executive
- Claudia Hughes (person) — Executive
- Manoj Shetty (person) — Executive
- Adina Storch (person) — Executive
- Barry Litwin (person) — Executive
- Richard Leeds (person) — Executive
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose of this DEF 14A filing is to provide information regarding the solicitation of proxies for the company's annual meeting of shareholders, including details on executive compensation.
For which fiscal year does the filing primarily report compensation data?
The filing primarily reports compensation data for the fiscal year ending December 31, 2024.
Which executives are listed as receiving employee stock options in 2024?
Thomas Clark, Claudia Hughes, Manoj Shetty, Adina Storch, and Barry Litwin are listed as receiving employee stock options in 2024.
What was the company's former name before being known as GLOBAL INDUSTRIAL Co?
The company was formerly known as SYSTEMAX INC, with a name change date of 19990622, and prior to that, GLOBAL DIRECTMAIL CORP, with a name change date of 19950509.
Where is GLOBAL INDUSTRIAL Co. headquartered?
GLOBAL INDUSTRIAL Co. is headquartered at 11 Harbor Park Drive, Port Washington, NY 11050.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 23, 2025 by Thomas Clark regarding GLOBAL INDUSTRIAL Co (GIC).