Bruce Leeds, Vice Chairman at Global Industrial (NYSE:GIC), reported an insider sell on March 18, according to a new SEC filing.
What Happened: Leeds's recent Form 4 filing with the U.S. Securities and Exchange Commission on Monday unveiled the sale of 380,000 shares of Global Industrial. The total transaction value is $15,637,000.
At Tuesday morning, Global Industrial shares are down by 0.0%, trading at $44.53.
Unveiling the Story Behind Global Industrial
Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.
Global Industrial's Financial Performance
Positive Revenue Trend: Examining Global Industrial's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 22.88% as of 31 December, ...