SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Maintain Significant Stake in Global Industrial Co, Holding 10.9% of Common Stock
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, reporting continued beneficial ownership of 10.9% of Global Industrial Co's common stock as of April 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson collectively beneficially own 4,180,987.80 shares of Global Industrial Co's common stock.
- This represents 10.9% of the total outstanding common stock of Global Industrial Co.
- The filing date for this Amendment No. 3 is May 6, 2025, with the event date being April 30, 2025.
- FMR LLC holds sole voting power over 4,180,162.00 shares and sole dispositive power over 4,180,987.80 shares.
- Abigail P. Johnson holds sole dispositive power over 4,180,987.80 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- FMR LLC is classified as a Parent Holding Company (HC), and Abigail P. Johnson is classified as an Individual (IN).
- Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC (which beneficially owns 5% or more), FIAM LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as relevant entities.
- Members of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC, representing 49% of the voting power, and may be deemed to form a controlling group with respect to FMR LLC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing (Schedule 13G) reporting beneficial ownership. It contains factual information about shareholdings and does not convey positive or negative sentiment regarding the issuer's performance or outlook. The sentiment is neutral as it's a compliance-driven disclosure.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Power of Attorney (accession number -23-000038) for Abigail P. Johnson was incorporated by reference. |
| 2025-04-30 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-05-06 | Signature date of the Schedule 13G Amendment No. 3 filing. |
Keywords
Global Industrial Co, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investor, passive investment, SEC filing, equity stake
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