Form 4: W.W. Grainger Director Katherine D. Jaspon Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Katherine D. Jaspon, a director at W.W. Grainger, reported transactions involving deferred stock units on June 1, 2024.
Summary
- On June 1, 2024, Katherine D. Jaspon, a director of W.W. Grainger, reported changes in her beneficial ownership of company securities.
- The transactions involved deferred stock units, which are expected to settle in shares of common stock on a one-for-one basis after her service as a director ends.
- Ms. Jaspon acquired 2 deferred stock units at a price of $921.46.
- Ms. Jaspon disposed of 2 deferred stock units at a price of $0.
- Following these transactions, Ms. Jaspon directly owns 2 deferred stock units and indirectly owns 1,246 deferred stock units through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which carries 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
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of the reported transactions involving deferred stock units. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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