Mitchell Jacobson, a director and 10% owner of MSC Industrial Direct Co., Inc., filed a Form 4 on October 27, 2026, reporting purchases of Class A Common Stock and a gift transaction dated October 23, 2026.
Key Highlights
- Three open-market purchases: Jacobson acquired 60,951 shares at a weighted average price of $115.1094, 134,662 shares at $115.995, and 54,387 shares at $116.7194, all on October 23, 2026.
- Total shares purchased: The three purchase transactions combined for 250,000 shares of Class A Common Stock.
- Gift transaction: 8,200 shares were disposed of via a gift (transaction code G) at $0 on October 23, 2026.
- Direct beneficial ownership after transactions: 2,578,192 shares held directly following the reported transactions.
- Indirect ownership: Jacobson is reported as indirectly beneficially owning 4,286,124 shares through trusts of which he is the settlor, and 1,467,204 shares through trusts over whose portfolio securities he exercises voting or dispositive power.
- Disclaimer of beneficial ownership: According to the filing, Jacobson disclaims beneficial ownership of the indirectly held securities "except to the extent of such Reporting Person's pecuniary interest therein."
Jacobson's October 23 Purchases and Gift Across Three Price Ranges
According to the Form 4 filed with the SEC, Mitchell Jacobson, identified as both a director and a 10% owner of MSC Industrial Direct Co., Inc. (NYSE:MSM), reported three separate purchase transactions in Class A Common Stock on October 23, 2026. The first tranche involved 60,951 shares at a weighted average price of $115.1094, with the filing noting the actual price range was $114.43 to $115.42. The second tranche covered 134,662 shares at a weighted average of $115.995, spanning a range of $115.42 to $116.425. The third tranche comprised 54,387 shares at a weighted average of $116.7194, within a range of $116.43 to $117.43.
The filing states that Jacobson undertakes to provide, upon request by SEC staff, the issuer, or a security holder, full information regarding the number of shares transacted at each separate price within each tranche. Following the three purchases, Jacobson's direct beneficial ownership stood at 2,578,192 shares, according to the disclosure.
On the same date, the filing reports a gift disposition of 8,200 shares at $0, coded as transaction code G. This transaction is reflected in the indirect ownership column, with the post-transaction indirect holding reported at 4,286,124 shares held through trusts for which Jacobson is the settlor and over whose trustees he can exercise remove-and-replace powers. A separate indirect holding of 1,467,204 shares is reported through trusts over whose portfolio securities Jacobson exercises voting or dispositive power. The filing was signed by J. Robert Small as attorney-in-fact for Mitchell Jacobson on October 27, 2026.
What Was Disclosed
The filing discloses three open-market purchases totaling 250,000 shares of MSC Industrial Direct Class A Common Stock and a gift of 8,200 shares by director and 10% owner Mitchell Jacobson, all transacted on October 23, 2026, with resulting direct and indirect beneficial ownership figures reported.



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