Grainger director shifts 4 deferred stock units
Rhea-AI Filing Summary
W.W. Grainger, Inc. (GWW) director Katherine D. Jaspon reported several transactions in Deferred Stock Units (DSUs) tied to common stock. On 2026-09-01, she received a grant of 4 DSUs at a reference value of $1,309.49 per unit, then made a bona fide gift of 4 DSUs from her direct holdings to a Family Trust. The Family Trust, for which her spouse is a co-trustee and family members are beneficiaries, acquired 4 DSUs and now holds 1,854 DSUs indirectly. The DSUs are expected to settle into common shares on a 1-for-1 basis after the end of her service as a director. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 shares gifted
Gift
3 txns
Insider
Jaspon Katherine D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 4 | $1,309.49 | $5K |
| Gift | Deferred Stock Units F1, F2 | 4 | $0.00 | $0.00 |
| Gift | Deferred Stock Units F1, F2, F3 | 4 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 0 shares (Direct);
Deferred Stock Units — 1,854 shares (Indirect, Family Trust)
Footnotes (3)
- F1. 1-for-1
- F2. 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.
- F3. 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
Deferred Stock Units granted: 4 units
Reference value per Deferred Stock Unit: $1,309.49 per unit
Deferred Stock Units gifted from direct holdings: 4 units
+4 more
7 metrics
Deferred Stock Units granted
4 units
Grant to director on 2026-09-01
Reference value per Deferred Stock Unit
$1,309.49 per unit
Value for 4-unit DSU grant on 2026-09-01
Deferred Stock Units gifted from direct holdings
4 units
Bona fide gift on 2026-09-01
Deferred Stock Units acquired by Family Trust
4 units
Bona fide gift received on 2026-09-01
Deferred Stock Units held indirectly in Family Trust after transaction
1,854 units
Indirect ownership following 2026-09-01 gift
Gift-related Deferred Stock Units in filing
8 units
Total DSUs involved in bona fide gift transactions (two 4-unit entries)
Settlement ratio for Deferred Stock Units
1-for-1
Each DSU expected to settle into one share of common stock
Key Terms
Deferred Stock Units, bona fide gift, Family Trust, indirect ownership
4 terms
Deferred Stock Units financial
"The deferred stock units are expected to settle in shares of common"
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
"nature_of_ownership": "Family Trust""
indirect ownership financial
"ownership_type": "indirect""
FAQ
What insider transactions did GWW director Katherine D. Jaspon report on this Form 4?
She reported a grant of 4 Deferred Stock Units on 2026-09-01 and a related bona fide gift of 4 DSUs from her direct holdings to a Family Trust, which in turn acquired 4 DSUs and held 1,854 DSUs after the transaction.
How many W.W. Grainger (GWW) Deferred Stock Units were granted to Katherine Jaspon?
She received a grant of 4 Deferred Stock Units on 2026-09-01. These DSUs are expected to settle into 4 shares of common stock on a one-for-one basis following the end of her service as a director.
What was the reference value per Deferred Stock Unit in the GWW Form 4 filing?
The reported value per Deferred Stock Unit for the 2026-09-01 grant was $1,309.49 per unit. This value applies to the 4 DSUs awarded to director Katherine D. Jaspon on that date.
How many GWW Deferred Stock Units are held in the Family Trust after the reported gift?
After receiving a bona fide gift of 4 Deferred Stock Units, the Family Trust associated with Katherine D. Jaspon held 1,854 DSUs. These units represent an indirect ownership position in DSUs linked to GWW common stock.
Do the reported GWW Deferred Stock Units settle into common stock, and at what ratio?
Yes. The Deferred Stock Units are expected to settle in shares of common stock on a one-for-one basis, meaning each DSU converts into one share of GWW common stock following the end of Katherine D. Jaspon’s service as a director.
Were the GWW insider transactions reported under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so the reported grant and related bona fide gift of Deferred Stock Units were not affirmed as executed pursuant to a Rule 10b5-1 trading plan.
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