Form 4: Director Perez Acquires Deferred Stock Units in W.W. Grainger, Inc.

Beatriz R. Perez, a director of W.W. Grainger, Inc., acquired 10 deferred stock units convertible to common stock on September 1, 2024.

Summary

• On September 1, 2024, Beatriz R. Perez, a director of W.W. Grainger, Inc. acquired 10 deferred stock units.
• These units are convertible to common stock on a one-for-one basis following the end of her service as a director.
• The price of the deferred stock units is $984.92.
• Following the transaction, Perez directly owns 4,790 shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing indicating a standard transaction. It doesn't inherently suggest positive or negative sentiment, but rather provides transparency.

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 routine disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.

Stakeholder Impact

• The acquisition of deferred stock units by a director aligns the director's interests with those of the shareholders, as the value of the units is tied to the company's stock performance.

Key Dates