Form 4: MSC Industrial Executive Vests Shares, Covers Taxes

Neal Dongre, SVP, General Counsel & Corporate Secretary of MSC Industrial Direct Co. Inc., reported the vesting of restricted stock units and dividend equivalent units, followed by a sale to cover tax obligations.

Summary

• Neal Dongre, SVP, General Counsel & Corporate Secretary of MSC Industrial Direct Co. Inc. (MSM), reported transactions on November 5, 2025.
• Acquired 147 shares of Class A Common Stock from the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Acquired 23.692 shares of Class A Common Stock from the vesting of Dividend Equivalent Units (DEUs) at a price of $0.
• Disposed of 49.692 shares of Class A Common Stock at $86.68 per share to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
• Following these transactions, Dongre beneficially owns 4,380 shares of Class A Common Stock directly.
• The RSUs were originally granted on November 5, 2021, with 147 units vesting annually on November 5 of 2022, 2023, 2024, and 2025.

Sentiment

Score: 6

Explanation: The filing reports a routine, pre-scheduled vesting of executive compensation, which is a neutral event. The executive retains a significant number of shares after tax withholding, indicating continued alignment with shareholder interests, which is slightly positive.

Positives

• Executive Neal Dongre increased direct beneficial ownership of Class A Common Stock by a net of 121.008 shares (147 + 23.692 49.692) after accounting for tax-related sales, demonstrating continued equity interest in the company.
• The vesting of RSUs and DEUs represents a planned component of executive compensation, aligning management's long-term interests with those of shareholders.

Negatives

• A portion of the vested shares (49.692 shares) was sold to cover tax withholding obligations, which, while a standard practice, reduces the immediate increase in the executive's direct shareholding.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and does not provide specific insights into broader industry trends or the competitive landscape for MSC Industrial Direct Co. Inc.

Stakeholder Impact

• Shareholders: The executive's continued equity ownership aligns their interests with shareholders. The tax-related sale is a standard practice and has a minor, routine impact on the company's share structure.

Key Dates

Keywords

MSC Industrial Direct, MSM, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Ownership, Neal Dongre