Form 4: W.W. Grainger Director Stuart L. Levenick Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Stuart L. Levenick reports acquiring 42 deferred stock units of W.W. Grainger, Inc. on March 1, 2024.
Summary
- On March 1, 2024, Stuart L. Levenick, a director of W.W. Grainger, Inc., acquired 42 deferred stock units.
- These deferred stock 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.
- The price per unit was $973.46.
- Following the transaction, Levenick beneficially owns 22,036 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction related to director compensation.
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 a director's acquisition of deferred stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Acquisition of 42 deferred stock units. |
| 03/05/2024 | Date of signature on the report. |
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