Form 4: Director Cindy J. Miller Acquires Deferred Stock Units in W.W. Grainger, Inc.
SEC Form 4 Filing
Cindy J. Miller, a director of W.W. Grainger, Inc., acquired deferred stock units on June 1, 2024, which are expected to settle in shares of common stock after her service as a director ends.
Summary
- On June 1, 2024, Cindy J. Miller, a director of W.W. Grainger, Inc. (GWW), acquired 1 deferred stock unit.
- The transaction was reported on a Form 4 filing with the SEC.
- The deferred stock units are expected to settle in shares of common stock on a one-for-one basis following the end of her service as a director.
- The price of the deferred stock unit was $921.46.
- Following the reported transaction, Miller directly owns 177 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reflects standard compensation practices.
Future Outlook
The deferred stock units are expected to settle in shares of common stock on a one-for-one basis following end of service as a director.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of transaction: Cindy J. Miller acquired deferred stock units. |
| 06/04/2024 | Date of report: Form 4 filing date. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.