Form 4: W.W. Grainger Director Rodney C. Adkins Reports Acquisition of Deferred Stock Units

Director Rodney C. Adkins reports acquiring deferred stock units convertible to 10 shares of W.W. Grainger common stock.

Summary

• On March 1, 2024, Rodney C. Adkins, a director of W.W. Grainger, Inc., acquired 10 deferred stock units.
• These units are convertible to common stock on a one-for-one basis following the end of his service as a director.
• The price of the deferred stock units was $973.46.
• Following the transaction, Adkins directly owns 5,523 shares of W.W. Grainger common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a transaction by a company director, indicating 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 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.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares relative to the company's total outstanding shares.

Key Dates