Form 4: W.W. Grainger Director Steven Andrew White Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Steven Andrew White reports acquisition of deferred stock units and indirect ownership through a family trust.
Summary
- Steven Andrew White, a director of W.W. Grainger, Inc., filed a Form 4 indicating changes in beneficial ownership.
- On May 6, 2025, White acquired 292 deferred stock units.
- These units are expected to settle in shares of common stock on a one-for-one basis after the end of his service as a director.
- White also indirectly owns 2,603 deferred stock units through a family trust, where he serves as trustee and has voting and investment power.
- The stock units were gifted to the reporting person's spouse and were subsequently transferred by the spouse into a family 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 end of service as a director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in the holdings of a director of W.W. Grainger.
Stakeholder Impact
- The change in ownership is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: acquisition of deferred stock units. |
Keywords
Form 4, beneficial ownership, deferred stock units, W.W. Grainger, director, GWW, family trust, Steven Andrew White
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