W.W. Grainger (GWW) director gifts 576 deferred stock units in family trust move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
W.W. Grainger director Katherine D. Jaspon reported gifting deferred stock units rather than trading shares in the market. On May 12, 2026, she made two bona fide gift transfers totaling 576 deferred stock units, each unit tied one-for-one to common stock.
One gift of 288 units came from indirect holdings in a family trust, leaving 1,847 units held indirectly after the transaction. A second gift of 288 units came from her direct holdings, reducing that deferred stock unit balance to zero. These are compensation-related equity units expected to settle in common shares after her board service ends, not open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
576 shares gifted
Mixed
2 txns
Insider
Jaspon Katherine D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Deferred Stock Units | 288 | $0.00 | -- |
| Gift | Deferred Stock Units | 288 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct, null);
Deferred Stock Units — 1,847 shares (Indirect, Family Trust)
Footnotes (1)
- 1-for-1 The deferred stock units are expected to settle in shares of common stock on a one-for-one basis following end of service as a director. Shares held in a trust for which Ms. Jaspon's spouse serves as a co-trustee, and her spouse and any mutual descendants of her and her spouse are beneficiaries.
Key Figures
Total gifted deferred stock units: 576 units
Gift from indirect holdings: 288 units
Indirect units after transaction: 1,847 units
+3 more
6 metrics
Total gifted deferred stock units
576 units
Bona fide gifts on May 12, 2026
Gift from indirect holdings
288 units
Deferred stock units held via family trust
Indirect units after transaction
1,847 units
Deferred stock units remaining in family trust
Gift from direct holdings
288 units
Deferred stock units held directly
Direct units after transaction
0 units
Deferred stock units remaining directly held
Conversion ratio
1-for-1
Deferred stock units to common stock on settlement
Key Terms
Deferred Stock Units, bona fide gift, Family Trust, one-for-one
4 terms
Deferred Stock Units financial
"The deferred stock units are expected to settle in shares of common stock on a one-for-one basis"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Family Trust financial
"Shares held in a trust for which Ms. Jaspon's spouse serves as a co-trustee"
one-for-one financial
"expected to settle in shares of common stock on a one-for-one basis"
FAQ
What insider transaction did W.W. Grainger (GWW) director Katherine D. Jaspon report?
Katherine D. Jaspon reported bona fide gift transfers of deferred stock units, not market trades. She disposed of 576 units in total on May 12, 2026, reflecting gifts of her equity-based compensation interests.
How many W.W. Grainger (GWW) deferred stock units did Jaspon gift?
She gifted 576 deferred stock units in total. The filing shows two separate 288-unit gifts, one from indirect holdings in a family trust and one from her directly held deferred stock units.
Were Katherine D. Jaspon’s W.W. Grainger (GWW) gifts open-market sales?
No, the transactions were reported as Code G bona fide gifts, not open-market sales. There was no transaction price, and the filing classifies them as gift transfers of deferred stock units linked to common stock.
What W.W. Grainger (GWW) holdings does Jaspon report after these gifts?
After the transactions, Jaspon reports 1,847 deferred stock units held indirectly through a family trust. Her direct holding of deferred stock units fell to zero, based on the total shares following each transaction in the filing.
How are W.W. Grainger (GWW) deferred stock units expected to settle for Jaspon?
The filing states her deferred stock units are expected to settle one-for-one in shares of common stock. Settlement is described as occurring following the end of her service as a director, tying the units to future equity delivery.