Form 4: W.W. Grainger Director Lucas E. Watson Reports Changes in Beneficial Ownership

Director Lucas E. Watson reports changes in beneficial ownership of W.W. Grainger, Inc. securities, including the acquisition of deferred stock units.

Summary

• On March 1, 2024, Lucas E. Watson, a director of W.W. Grainger, Inc., reported changes in beneficial ownership.
• Watson acquired 9 deferred stock units, which are expected to settle in shares of common stock on a one-for-one basis following the end of his service as a director.
• The price of the derivative security is $973.46.
• Following the reported transaction, Watson beneficially owns 5,031 deferred stock units directly.
• Watson also indirectly owns 157 shares of common stock held in the Watson 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 related to changes in beneficial ownership by a company insider, which is a common practice among publicly traded companies.

Stakeholder Impact

• The change in ownership may be of interest to shareholders as it provides insight into the actions of a company director.

Key Dates