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 44 deferred stock units of W.W. Grainger, Inc. on March 1, 2025, convertible to common stock upon service end.
Summary
- On March 1, 2025, Stuart L. Levenick, a director of W.W. Grainger, Inc., acquired 44 deferred stock units.
- These deferred stock 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 is $1,021.21.
- Following the transaction, Levenick directly owns 22,390 derivative securities.
- The report was filed on March 4, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, indicating a neutral sentiment. It reflects standard compensation practices.
Future Outlook
The deferred stock units will be settled 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 practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred stock units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Stuart L. Levenick acquired 44 deferred stock units. |
| 03/04/2025 | Date of report filing. |
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