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, Inc., including acquisitions and gifts.
Summary
- On March 1, 2024, Steven Andrew White, a director of W.W. Grainger, Inc., reported changes in beneficial ownership of the company's securities.
- White acquired 4 deferred stock units at a price of $973.46 each.
- White gifted 4 deferred stock units.
- White now indirectly owns 1,996 deferred stock units through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting 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
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the reported transactions (acquisition and gift of deferred stock units). |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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