Grainger (NYSE: GWW) director logs new deferred stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
W.W. Grainger director Christopher J. Klein reported an automatic award of deferred stock units linked to company common stock. The award was recorded at a reference price of $1,144.73 per deferred stock unit, but the number acquired in this transaction was less than one full unit.
After this grant, Klein holds 439 deferred stock units, which are expected to settle one-for-one in common shares following the end of his service as a director. He also directly holds 65 shares of W.W. Grainger common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KLEIN CHRISTOPHER J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 0 | $1,144.73 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 439 shares (Direct);
Common Stock — 65 shares (Direct)
Footnotes (1)
- 1-for-1 The number of deferred stock units acquired was less than one (1) deferred stock unit equivalent. 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.
FAQ
What did W.W. Grainger (GWW) director Christopher J. Klein report on this Form 4?
Christopher J. Klein reported an automatic award of deferred stock units. These director units are linked one-for-one to W.W. Grainger common stock and are expected to settle in shares after his board service ends, reflecting routine equity-based director compensation.
How many deferred stock units does Christopher J. Klein hold in W.W. Grainger (GWW)?
Following the reported transaction, Klein holds 439 deferred stock units. These units are expected to convert into an equal number of W.W. Grainger common shares after his service as a director ends, providing equity-based alignment with shareholder interests over time.
What was the reference price for the new deferred stock units in W.W. Grainger (GWW)?
The deferred stock units were credited at a reference price of $1,144.73 per unit. The filing notes that the number of units acquired in this transaction was less than one full unit equivalent, so only a fractional amount was added to Klein's existing deferred balance.
When will Christopher J. Klein’s deferred stock units in W.W. Grainger (GWW) settle?
The deferred stock units are expected to settle after Klein’s service as a director ends. At that time, each deferred stock unit is anticipated to convert into one share of W.W. Grainger common stock, according to the one-for-one settlement terms disclosed.
Was this W.W. Grainger (GWW) Form 4 a stock purchase or a grant for Christopher J. Klein?
The Form 4 reflects a grant or award acquisition of deferred stock units, not an open-market stock purchase. The transaction is coded as a grant-type acquisition and represents routine director equity compensation rather than a discretionary stock buy or sale.