Form 4: W.W. Grainger Director Cindy J. Miller Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Cindy J. Miller reported the acquisition of deferred stock units in W.W. Grainger, Inc.
Summary
- On September 1, 2024, Cindy J. Miller, a director of W.W. Grainger, Inc. (GWW), acquired deferred stock units.
- 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.
- The price per share for the deferred stock units is $984.92.
- Following the reported transaction, Miller directly owns 177 shares of GWW common stock.
- Miller has granted power of attorney to Nancy L. Berardinelli-Krantz, Ronald J. Edwards, and Dean Brazier to execute and file forms related to W.W. Grainger, Inc. equity securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a director's acquisition of deferred stock units. It doesn't inherently convey positive or negative sentiment.
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 related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's holdings.
Key Dates
| Date | Description |
|---|---|
| July 31, 2024 | Date of execution of the Power of Attorney. |
| September 01, 2024 | Date of the transaction involving deferred stock units. |
| September 04, 2024 | Date of signature for the Form 4 filing. |
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