Form 4: W.W. Grainger SVP Matt Fortin Sells Shares
SEC Form 4
Matt Fortin, SVP & Chief HR Officer of W.W. Grainger, Inc., sold a portion of his holdings in company stock on June 20, 2024.
Summary
- On June 20, 2024, Matt Fortin, the SVP & Chief HR Officer of W.W. Grainger, Inc., sold shares of common stock.
- The sales were executed in multiple transactions at varying prices.
- 276 shares were sold at a weighted average price of $914.3771, with individual prices ranging from $914.19 to $914.69.
- 135 shares were sold at a weighted average price of $915.4322, with individual prices ranging from $915.23 to $916.01.
- 100 shares were sold at $917.16.
- Following these transactions, Fortin directly owns 1,848 shares of W.W. Grainger common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock sales by an officer. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider transactions.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock sale by a company officer may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of stock sale transactions. |
| 06/24/2024 | Date of Form 4 filing. |
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