Form 4: W.W. Grainger Director Steven Andrew White Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Steven Andrew White reports transactions involving deferred stock units of W.W. Grainger, including acquisitions and gifts.
Summary
- On June 1, 2024, Steven Andrew White, a director of W.W. Grainger, Inc., reported changes in beneficial ownership.
- White acquired 5 deferred stock units at a price of $921.46.
- White gifted 5 deferred stock units.
- White also reported indirect ownership of 2,297 deferred stock units through a family trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership, with no inherent 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 the end of service as a director.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of transactions involving deferred stock units. |
| 06/04/2024 | Date of report signature. |
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