Form 4: W.W. Grainger Executive Nancy L. Berardinelli-Krantz Reports Stock Transactions

Nancy L. Berardinelli-Krantz, Sr. VP & CLO of W.W. Grainger, reports acquisition of restricted stock units and shares withheld for tax obligations.

Summary

• On April 1, 2025, Nancy L. Berardinelli-Krantz, Sr. VP & CLO of W.W. Grainger, received 865 restricted stock units (RSUs).
• These RSUs vest in three tranches: 1/3 on April 1, 2026, 1/3 on April 1, 2027, and the remainder on April 1, 2028.
• Also on April 1, 2025, 142 shares were withheld at $987.83 per share for tax withholding related to the partial settlement of the April 1, 2023 RSU award.
• An additional 119 shares were withheld at $987.83 per share for tax withholding related to the partial settlement of the April 1, 2024 RSU award.
• Following these transactions, Berardinelli-Krantz beneficially owns 3,649 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine transactions related to executive compensation. The acquisition of RSUs is a positive sign, but the tax withholding is a standard procedure.

Positives

• The acquisition of RSUs indicates confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs extends to April 1, 2028, indicating a long-term incentive structure for the executive.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

Form 4, W.W. Grainger, GWW, insider trading, restricted stock units, RSUs, Nancy L. Berardinelli-Krantz, stock withholding, beneficial ownership