Form 4: Director Santi Acquires Deferred Stock Units in W.W. Grainger, Inc.
SEC Form 4 Filing
Director Ernest Scott Santi acquired 19 deferred stock units in W.W. Grainger, Inc. on March 1, 2024.
Summary
- On March 1, 2024, Ernest Scott Santi, a director of W.W. Grainger, Inc., acquired 19 deferred stock units.
- These deferred stock units are expected to settle in shares of common stock on a one-for-one basis after the end of his service as a director.
- Following the transaction, Santi directly owns 9,911 deferred stock units.
- The price of the derivative security is $973.46.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There are no indications of positive or negative implications for the company's performance.
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
This filing is a routine disclosure of a director's acquisition of deferred stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Acquisition of 19 deferred stock units. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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