Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-03

Global Industrial (GIC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,413,641
Anesa Chaibi total, FY2025
50th
CEO pay percentile vs peers
85:1
CEO-to-median pay ratio
98.57%
Say-on-pay support, latest vote
Companies that benchmark against GIC
3 companies name GIC as a compensation peer

Each company listed discloses GIC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GIC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Anesa Chaibi$826,923$500,000$1,500,023$254,311$1,255,000$0$77,384$4,413,641
Chief Executive Officer
Richard Leeds950,0001,000,000000030,0001,980,000
Executive Chairman and Former Interim Chief Executive Officer
Thomas Clark555,1240555,1250322,665061,2201,494,134
Senior Vice President and Chief Financial Officer
Adina Storch511,8080482,2930297,488055,1421,346,731
Senior Vice President, General Counsel and Corporate Secretary
Manoj Shetty549,2020329,5000319,224053,7401,251,666
Senior Vice President and Chief Information Officer
Claudia Hughes467,8570280,7240271,942062,0501,082,573
Senior Vice President and Chief Sales Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Anesa Chaibi$4,413,641
Richard Leeds1,980,000
Thomas Clark1,494,134
Adina Storch1,346,731
Manoj Shetty1,251,666
Claudia Hughes1,082,573

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Adina StorchRSU20,290$482,293
Manoj ShettyRSU13,862329,500
Anesa ChaibiOPTION36,2051,754,334
Thomas ClarkRSU23,354555,125
Claudia HughesRSU11,810280,724
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Adina Storch$482,293$0$00.0%
Manoj Shetty329,500000.0%
Anesa Chaibi001,754,3340.0%
Thomas Clark555,125000.0%
Claudia Hughes280,724000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Anesa ChaibiRSU21,035$614,643
Anesa ChaibiRSU20,560600,763
Thomas ClarkRSU17,500511,350
Thomas ClarkRSU11,677341,202
Adina StorchRSU10,145296,437
Thomas ClarkRSU8,246240,948
Manoj ShettyRSU8,158238,377
Adina StorchRSU7,602222,130
Claudia HughesRSU6,949203,050
Manoj ShettyRSU6,931202,524
Thomas ClarkRSU6,333185,050
Thomas ClarkRSU5,985174,882
Claudia HughesRSU5,905172,544
Adina StorchRSU5,502160,768
Claudia HughesRSU3,883113,461
Manoj ShettyRSU3,759109,838
Claudia HughesRSU3,20293,562
Thomas ClarkRSU2,37469,368
Manoj ShettyRSU2,16063,115
Thomas ClarkRSU2,13162,268
Adina StorchRSU2,06360,281
Adina StorchRSU1,89155,255
Claudia HughesRSU1,81352,976
Claudia HughesRSU1,61247,103
Manoj ShettyRSU1,41041,200
Claudia HughesRSU1,20035,064
Manoj ShettyRSU1,15433,720
Adina StorchRSU1,02629,980
Claudia HughesRSU97928,606
Anesa ChaibiOption36,20523.77
Thomas ClarkOption24,94823.72
Thomas ClarkOption9,84523.65
Thomas ClarkOption5,35044.17
Thomas ClarkOption1,85832.59
Thomas ClarkOption2,96728.99
Thomas ClarkOption6,29743.83
Claudia HughesOption5,85544.17
Claudia HughesOption1,58132.59
Claudia HughesOption2,51228.99
Claudia HughesOption3,18443.83
Manoj ShettyOption24,25023.72
Manoj ShettyOption10,17423.65
Manoj ShettyOption5,42344.17
Manoj ShettyOption1,88432.59
Manoj ShettyOption2,96328.99
Manoj ShettyOption3,73843.83
Adina StorchOption6,95640.34
Adina StorchOption1,64932.59
Adina StorchOption2,63228.99
Adina StorchOption5,47043.83
05

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee designs competitive compensation packages aimed at achieving the proper amount and mix of short-term, annual and long-term incentive programs to attract and retain superior talent, reward contributions to financial and business objectives, promote integrity and good corporate governance, motivate sustained growth, and mitigate risk.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0134,706,219502,3717,95298.57%Passed
20252025-06-0235,854,078185,9237,55199.48%Passed
20242024-06-0335,605,371450,5678,96998.75%Passed
20232023-06-0534,319,789704,7206,54797.99%Passed
20202020-06-0127,777,0787,326,42135,49879.13%Passed
20172017-06-0533,737,608168,5925,08299.5%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0198.57%a
20252025-06-0299.48%b
20242024-06-0398.75%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)85 : 1
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert D. RosenthalIndependent · Audit · Compensation · Nominating/Corporate Governance Committee · Executive Committee · NCGC$126,875$50,000$0$3,538$180,413
Chad M. LindbloomIndependent · Audit · Compensation · Nominating/Corporate Governance Committee · NCGC116,87550,00003,538170,413
Paul S. PearlmanIndependent · Audit · Compensation Committee · Nominating/Corporate Governance (Chair) · NCGC (Chair)103,12550,00003,538156,663
Gary S. MichelIndependent · Audit · Compensation · Nominating/Corporate Governance · NCGC100,62550,00002,477153,102
Richard B. LeedsEmployee director · Board Chair · Executive Committee0
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$50,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline$85,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$447,500
Equity awards (grant-date value)$200,000
All other compensation$13,091
Total cost of the board$660,591

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Global Industrial names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Global Industrial.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1H&E Equipment Services, Inc.2023Bradley W. Barber$907,692$3,599,924$0$6,295,836
2MRC Global Inc.2024Robert Saltiel860,0004,446,3830658,6575,992,594
3MSC Industrial Direct Co., Inc.2025Erik Gershwind871,4113,549,96601,425,7505,873,837
4Global Industrial2025Anesa Chaibi826,9231,500,023254,3111,255,0004,413,641
5Circor International, Inc.2021Scott Buckhout805,3853,410,115004,229,501
6Kimball International, Inc.2025Richard Phillips873,6542,883,070178,2253,982,601
7Alta Equipment Group Inc.2025Ryan Greenawalt846,3932,243,6250682,5003,794,312
Lifetime Brands, Inc.not in coverage universe
Hillman Solutions Corp.not in coverage universe
DXP Enterprises, Inc.not in coverage universe
Titan Machinery Inc.not in coverage universe
Distribution Solutions Group, Inc.2025J. Bryan Kingnot in coverage universe
Now Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Global Industrialnot disclosednot disclosednot disclosednot disclosed
Alta Equipment Group Inc.not disclosednot disclosednot disclosedFW Cook
Circor International, Inc.not disclosednot disclosedNoISS Corporate Solutions, Inc.
Distribution Solutions Group, Inc.not disclosednot disclosednot disclosedCompensation Advisory Partners
DXP Enterprises, Inc.not disclosednot disclosednot disclosednot disclosed
H&E Equipment Services, Inc.not disclosednot disclosednot disclosednot disclosed
Hillman Solutions Corp.not disclosednot disclosednot disclosednot disclosed
Kimball International, Inc.20.4%PSU 60 · RSU 40Yes — rTSR relative to Peers (Russell 2000 Electronic Components Subsector)Aon
Lifetime Brands, Inc.not disclosednot disclosednot disclosednot disclosed
MRC Global Inc.61.3%RSU 50 · PSU 50Yes — Relative TSR (OIH index + DNOW Inc. + Russell 2000 Index)Meridian
MSC Industrial Direct Co., Inc.95%PSU 50 · RSU 50NoFW Cook
Now Inc.not disclosednot disclosednot disclosednot disclosed
Titan Machinery Inc.not disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Anesa ChaibiDEF 14A2026-04-220001628280-26-026622Section “Summary Compensation Table” · page 39. As printed: 4,413,641. Filing ↗machine: r2 · c24 · span 599758–599767
2Section 01, Richard LeedsDEF 14A2026-04-220001628280-26-026622Section “Summary Compensation Table” · page 39. As printed: 1,980,000. Filing ↗machine: r5 · c24 · span 606165–606174
3Section 01, Thomas ClarkDEF 14A2026-04-220001628280-26-026622Section “Summary Compensation Table” · page 39. As printed: 1,494,134. Filing ↗machine: r8 · c24 · span 612722–612731
4Section 01, Adina StorchDEF 14A2026-04-220001628280-26-026622Section “Summary Compensation Table” · page 39. As printed: 1,346,731. Filing ↗machine: r17 · c24 · span 631974–631983
5Section 01, Manoj ShettyDEF 14A2026-04-220001628280-26-026622Section “Summary Compensation Table” · page 39. As printed: 1,251,666. Filing ↗machine: r14 · c24 · span 625414–625423
6Section 01, Claudia HughesDEF 14A2026-04-220001628280-26-026622Section “Summary Compensation Table” · page 39. As printed: 1,082,573. Filing ↗machine: r11 · c24 · span 619063–619072
7Section 03, Adina Storch RSUDEF 14A2026-04-220001628280-26-026622Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 660959–660966
8Section 03, Manoj Shetty RSUDEF 14A2026-04-220001628280-26-026622Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 658529–658536
9Section 03, Anesa Chaibi OPTIONDEF 14A2026-04-220001628280-26-026622Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 652186–652195
10Section 03, Thomas Clark RSUDEF 14A2026-04-220001628280-26-026622Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 654301–654308
11Section 03, Claudia Hughes RSUDEF 14A2026-04-220001628280-26-026622Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 656416–656423
12Section 07, pay ratioDEF 14A2026-04-220001628280-26-026622Section “CEO Pay Ratio”. As printed: 85 : 1. Filing ↗
13Section 08, Robert D. RosenthalDEF 14A2026-04-220001628280-26-026622Section “Director Compensation”. As printed: 180,413. Filing ↗machine: span 425228–425235
14Section 08, Chad M. LindbloomDEF 14A2026-04-220001628280-26-026622Section “Director Compensation”. As printed: 170,413. Filing ↗machine: span 420861–420868
15Section 08, Paul S. PearlmanDEF 14A2026-04-220001628280-26-026622Section “Director Compensation”. As printed: 156,663. Filing ↗machine: span 423634–423641
16Section 08, Gary S. MichelDEF 14A2026-04-220001628280-26-026622Section “Director Compensation”. As printed: 153,102. Filing ↗machine: span 422246–422253
17Section 08, Richard B. LeedsDEF 14A2026-04-220001628280-26-026622Section “Director Compensation”. As printed: 0. Filing ↗
18Section 06, 2026 voteForm 8-K2026-06-030001628280-26-040522Item 5.07 · say-on-pay result. As reported: 98.57% (votes for as printed: 34,706,219). Filing ↗
19Section 06, 2025 voteForm 8-K2025-06-050000945114-25-000028Item 5.07 · say-on-pay result. As reported: 99.48% (votes for as printed: 35,854,078). Filing ↗
20Section 06, 2024 voteForm 8-K2024-06-060000945114-24-000040Item 5.07 · say-on-pay result. As reported: 98.75% (votes for as printed: 35,605,371). Filing ↗
21Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
22Section 09b board cost (computed)ComputedcomputedCash 447,500 + equity 200,000 + all other 13,091 = 660,591, summed across the director compensation table rows.machine: formula: Σ = 660,591
23H&E Equipment Services, Inc., Section 10b CEO totalDEF 14A2024-04-020000950170-24-039778CEO total compensation as printed in H&E Equipment Services, Inc.'s own proxy. As printed: 6,295,836. Filing ↗machine: r5 · c25 · span 671019–671028
24MRC Global Inc., Section 10b CEO totalDEF 14A2025-04-170001193125-25-083481CEO total compensation as printed in MRC Global Inc.'s own proxy. As printed: 5,992,594. Filing ↗machine: r3 · c23 · span 1015729–1015738
25MSC Industrial Direct Co., Inc., Section 10b CEO totalDEF 14A2025-12-110001003078-25-000174CEO total compensation as printed in MSC Industrial Direct Co., Inc.'s own proxy. As printed: 5,873,837. Filing ↗machine: t26 · r2 · c16 · span 209861–209870
26Global Industrial (subject), Section 10b CEO totalDEF 14A2026-04-220001628280-26-026622CEO total compensation as printed in Global Industrial's own proxy. As printed: 4,413,641. Filing ↗machine: r2 · c24 · span 599758–599767
27Circor International, Inc., Section 10b CEO totalDEF 14A2022-09-090001091883-22-000067CEO total compensation as printed in Circor International, Inc.'s own proxy. As printed: 4,229,501. Filing ↗machine: r3 · c24 · span 629259–629269
28Kimball International, Inc., Section 10b CEO totalDEF 14A2025-09-250001606757-25-000046CEO total compensation as printed in Kimball International, Inc.'s own proxy. As printed: 3,982,601. Filing ↗machine: span 801034–801043
29Alta Equipment Group Inc., Section 10b CEO totalDEF 14A2026-04-150001193125-26-157108CEO total compensation as printed in Alta Equipment Group Inc.'s own proxy. As printed: 3,794,312. Filing ↗machine: r5 · c36 · span 997633–997642
30Section 10a, Kimball International, Inc. reciprocityDEF 14A0001606757-25-000046Kimball International, Inc.'s most recent proxy was read; its disclosed peer group does not include Global Industrial. Filing ↗
31Section 10a, Alta Equipment Group Inc. reciprocityDEF 14A0001193125-26-157108Alta Equipment Group Inc. names Global Industrial in its own disclosed peer group (read from its most recent proxy). Filing ↗
32Section 10a, MSC Industrial Direct Co., Inc. reciprocityDEF 14A0001003078-25-000174MSC Industrial Direct Co., Inc. names Global Industrial in its own disclosed peer group (read from its most recent proxy). Filing ↗
33Section 10a, Distribution Solutions Group, Inc. reciprocityDEF 14A0001628280-26-022845Distribution Solutions Group, Inc. names Global Industrial in its own disclosed peer group (read from its most recent proxy). Filing ↗
34Section 10a, MRC Global Inc. reciprocityDEF 14A0001193125-25-083481MRC Global Inc.'s most recent proxy was read; its disclosed peer group does not include Global Industrial. Filing ↗
35Section 10a, Circor International, Inc. reciprocityDEF 14A0001091883-22-000067Circor International, Inc.'s most recent proxy was read; its disclosed peer group does not include Global Industrial. Filing ↗