Form 4: W.W. Grainger Director Katherine D. Jaspon Reports Stock Unit Transactions
SEC Form 4 Filing
Director Katherine D. Jaspon reported the acquisition and disposal of deferred stock units in W.W. Grainger, Inc.
Summary
- Katherine D. Jaspon, a director at W.W. Grainger, Inc., reported transactions involving deferred stock units.
- On December 1, 2024, Ms. Jaspon acquired 2 deferred stock units at a price of $1,205.34 each.
- On the same day, she disposed of 2 deferred stock units at a price of $0 each.
- She also disposed of 2 deferred stock units at a price of $0 each.
- Following these transactions, Ms. Jaspon directly owns 2 deferred stock units and indirectly owns 1,251 deferred stock units through a family trust.
Sentiment
Score: 5
Explanation: The document is a routine filing of stock transactions by a director, and does not indicate any positive or negative sentiment.
Future Outlook
The deferred stock units will convert to common stock on a one-for-one basis after Ms. Jaspon's service as a director ends.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's securities. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions reported are typical for directors who receive stock-based compensation.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders, as they are routine and involve a small number of deferred stock units.
Key Dates
| Date | Description |
|---|---|
| 12/01/2024 | Date of the reported transactions involving deferred stock units. |
| 12/03/2024 | Date the form was signed. |
Keywords
Form 4, W.W. Grainger, Director, Katherine D. Jaspon, Deferred Stock Units, Stock Transaction, Insider Trading
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