[144] W.W. Grainger, Inc. SEC Filing
Form 144 filed for W.W. Grainger, Inc. (GWW): An insider plans to sell 500 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an approximate sale date of 09/09/2025. The shares were acquired on 04/01/2024 as restricted stock that vested under a registered compensation plan and were paid as compensation. The filing reports 47,832,244 shares outstanding and lists the aggregate market value of the proposed sale as $496,430.00. No other sales in the past three months were reported. The filer also certifies they are unaware of any undisclosed material adverse information about the issuer.
- Small portion of outstanding shares: 500 shares represent approximately 0.001% of 47,832,244 shares outstanding
- Acquisition origin disclosed: Shares were received via restricted stock vesting under a registered plan, indicating compensation-related sale
- No recent sales: The filing reports Nothing to Report for securities sold during the past three months
- Insider sale announced: The notice signals an upcoming sale of insider-held shares on 09/09/2025, which some investors view negatively
- Limited context on trading plan: The filing does not state whether the sale is under a 10b5-1 plan or other pre-arranged trading instruction
Insights
TL;DR Insider plans a small, routine sale of vested restricted shares; not likely material to equity value.
The proposed sale of 500 shares represents a minuscule portion of the company’s 47.8 million shares outstanding (~0.001%) and an aggregate value of $496,430. The shares were acquired via restricted stock vesting and characterized as compensation, which is a common source for insider sales. No prior sales in the past three months were reported, reducing concerns about an ongoing selling program. Based solely on the filing, this appears to be a routine disposition of vested compensation rather than a signal of material company-specific issues.
TL;DR Filing documents compliant, includes the insider certification; sale appears procedural under compensation vesting.
The Form 144 discloses the broker, intended exchange (NYSE), and the nature of acquisition as restricted stock vesting under a registered plan, which aligns with standard governance and disclosure practices. The filer’s representation that no undisclosed material adverse information exists is noted on the form. Absent additional context (such as a trading plan date or pattern of sales), this single notice is consistent with routine post-vesting sell orders and raises no immediate governance red flags based on the information provided.