Form 4: Director Perez Acquires Deferred Stock Units in W.W. Grainger, Inc.
SEC Filing
Beatriz R. Perez, a director of W.W. Grainger, Inc., acquired 8 deferred stock units convertible to common stock on March 1, 2024.
Summary
- On March 1, 2024, Beatriz R. Perez, a director of W.W. Grainger, Inc. (GWW), acquired 8 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 $973.46.
- Following the transaction, Perez directly owns 4,533 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock transaction by a company director, indicating a neutral sentiment.
Future Outlook
The deferred stock units are expected to settle in shares of common stock on a one-for-one basis following the end of service as a director.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, transact in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Beatriz R. Perez acquired deferred stock units. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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