[Form 4] W.W. Grainger, Inc. Insider Trading Activity
W.W. Grainger director Neil S. Novich reported a Form 4 disclosing transactions on 09/01/2025. He sold 4,605 shares of Grainger common stock and, separately, received 74 deferred stock units that are expected to settle one-for-one into common shares after his service as a director ends. After these transactions, the filing reports Mr. Novich beneficially owns 33,144 shares of Grainger common stock. The deferred stock units have a reported aggregate value of $1,013.50 in the filing. The Form 4 was signed by Paul Stanukinas by power of attorney for Mr. Novich on 09/03/2025.
Il direttore di W.W. Grainger, Neil S. Novich, ha presentato un Modulo 4 che segnala operazioni effettuate il 01/09/2025. Ha venduto 4.605 azioni ordinarie Grainger e, separatamente, ha ricevuto 74 unità azionarie differite che dovrebbero convertirsi in azioni ordinarie, in rapporto uno a uno, al termine del suo mandato di amministratore. Dopo queste operazioni, il documento indica che il signor Novich possiede in via beneficiaria 33.144 azioni ordinarie di Grainger. Le unità azionarie differite hanno un valore complessivo riportato di $1,013.50 nel deposito. Il Modulo 4 è stato firmato da Paul Stanukinas per procura per conto del signor Novich il 03/09/2025.
El director de W.W. Grainger, Neil S. Novich, presentó un Formulario 4 que revela transacciones del 01/09/2025. Vendió 4.605 acciones ordinarias de Grainger y, por separado, recibió 74 unidades de acciones diferidas que se espera se conviertan una a una en acciones ordinarias cuando termine su cargo como director. Tras estas transacciones, la presentación informa que el señor Novich posee de forma beneficiaria 33.144 acciones ordinarias de Grainger. Las unidades de acciones diferidas tienen un valor agregado informado de $1,013.50 en la presentación. El Formulario 4 fue firmado por Paul Stanukinas por poder notarial en nombre del señor Novich el 03/09/2025.
W.W. Grainger 이사인 닐 S. 노비치(Niel S. Novich)는 2025년 9월 1일자 거래를 공시한 Form 4를 제출했습니다. 그는 Grainger 보통주 4,605주를 매도했으며, 별도로 이사직 종료 후 1주당 1주로 정산될 것으로 예상되는 74개의 이연주식단위(DSU)를 받았습니다. 이 거래 후 제출서류에 따르면 노비치 씨는 Grainger 보통주 33,144주를 실질적으로 보유하고 있습니다. 이연주식단위의 신고된 총 가치는 제출서류에 $1,013.50로 기재되어 있습니다. Form 4는 2025년 9월 3일 노비치 씨를 대신하여 위임장으로 Paul Stanukinas가 서명했습니다.
Le directeur de W.W. Grainger, Neil S. Novich, a déposé un Formulaire 4 révélant des transactions datées du 01/09/2025. Il a vendu 4 605 actions ordinaires Grainger et, séparément, a reçu 74 unités d’actions différées qui devraient être converties en actions ordinaires à raison d’une pour une à la fin de son mandat d’administrateur. À la suite de ces opérations, le dossier indique que M. Novich détient à titre bénéficiaire 33 144 actions ordinaires Grainger. Les unités d’actions différées ont une valeur agrégée déclarée de $1,013.50 dans le dépôt. Le Formulaire 4 a été signé le 03/09/2025 par Paul Stanukinas, par procuration pour M. Novich.
Der Direktor von W.W. Grainger, Neil S. Novich, reichte ein Formular 4 ein, das Transaktionen vom 01.09.2025 offenlegt. Er verkaufte 4.605 Aktien der Grainger-Stammaktien und erhielt getrennt davon 74 aufgeschobene Aktieneinheiten, die voraussichtlich nach Ende seiner Tätigkeit als Direktor eins zu eins in Stammaktien umgewandelt werden. Nach diesen Transaktionen meldet die Einreichung, dass Herr Novich wirtschaftlich 33.144 Aktien der Grainger-Stammaktien besitzt. Die aufgeschobenen Aktieneinheiten haben in der Einreichung einen angegebenen Gesamtwert von $1,013.50. Das Formular 4 wurde am 03.09.2025 von Paul Stanukinas per Vollmacht für Herrn Novich unterzeichnet.
- Director received deferred stock units as compensation that convert one-for-one to common shares after service ends
- Director sold 4,605 shares of common stock (a disposal of company equity)
Insights
TL;DR: Routine director compensation and a sale of shares; no new governance events disclosed.
The Form 4 shows a director-level sale and a separate grant of deferred stock units that convert one-for-one to common stock after service ends. This pattern is consistent with typical director equity compensation and periodic portfolio rebalancing by insiders. The filing does not disclose any change in role, control, or material corporate actions. For governance review, the key facts are the 4,605 shares sold, the 74 deferred stock units granted, and the resulting beneficial ownership of 33,144 shares.
TL;DR: Insider sale plus deferred equity grant; likely routine and not material to company fundamentals.
The reported disposal of 4,605 shares combined with the grant of 74 deferred stock units suggests a mix of personal liquidity action and standard director compensation. The deferred units are structured to settle one-for-one into common shares after termination of service, indicating compensation rather than market-based trading activity. No options, loans, or derivative exercises are reported. The overall transactions do not change control or signal a material shift in ownership.
Il direttore di W.W. Grainger, Neil S. Novich, ha presentato un Modulo 4 che segnala operazioni effettuate il 01/09/2025. Ha venduto 4.605 azioni ordinarie Grainger e, separatamente, ha ricevuto 74 unità azionarie differite che dovrebbero convertirsi in azioni ordinarie, in rapporto uno a uno, al termine del suo mandato di amministratore. Dopo queste operazioni, il documento indica che il signor Novich possiede in via beneficiaria 33.144 azioni ordinarie di Grainger. Le unità azionarie differite hanno un valore complessivo riportato di $1,013.50 nel deposito. Il Modulo 4 è stato firmato da Paul Stanukinas per procura per conto del signor Novich il 03/09/2025.
El director de W.W. Grainger, Neil S. Novich, presentó un Formulario 4 que revela transacciones del 01/09/2025. Vendió 4.605 acciones ordinarias de Grainger y, por separado, recibió 74 unidades de acciones diferidas que se espera se conviertan una a una en acciones ordinarias cuando termine su cargo como director. Tras estas transacciones, la presentación informa que el señor Novich posee de forma beneficiaria 33.144 acciones ordinarias de Grainger. Las unidades de acciones diferidas tienen un valor agregado informado de $1,013.50 en la presentación. El Formulario 4 fue firmado por Paul Stanukinas por poder notarial en nombre del señor Novich el 03/09/2025.
W.W. Grainger 이사인 닐 S. 노비치(Niel S. Novich)는 2025년 9월 1일자 거래를 공시한 Form 4를 제출했습니다. 그는 Grainger 보통주 4,605주를 매도했으며, 별도로 이사직 종료 후 1주당 1주로 정산될 것으로 예상되는 74개의 이연주식단위(DSU)를 받았습니다. 이 거래 후 제출서류에 따르면 노비치 씨는 Grainger 보통주 33,144주를 실질적으로 보유하고 있습니다. 이연주식단위의 신고된 총 가치는 제출서류에 $1,013.50로 기재되어 있습니다. Form 4는 2025년 9월 3일 노비치 씨를 대신하여 위임장으로 Paul Stanukinas가 서명했습니다.
Le directeur de W.W. Grainger, Neil S. Novich, a déposé un Formulaire 4 révélant des transactions datées du 01/09/2025. Il a vendu 4 605 actions ordinaires Grainger et, séparément, a reçu 74 unités d’actions différées qui devraient être converties en actions ordinaires à raison d’une pour une à la fin de son mandat d’administrateur. À la suite de ces opérations, le dossier indique que M. Novich détient à titre bénéficiaire 33 144 actions ordinaires Grainger. Les unités d’actions différées ont une valeur agrégée déclarée de $1,013.50 dans le dépôt. Le Formulaire 4 a été signé le 03/09/2025 par Paul Stanukinas, par procuration pour M. Novich.
Der Direktor von W.W. Grainger, Neil S. Novich, reichte ein Formular 4 ein, das Transaktionen vom 01.09.2025 offenlegt. Er verkaufte 4.605 Aktien der Grainger-Stammaktien und erhielt getrennt davon 74 aufgeschobene Aktieneinheiten, die voraussichtlich nach Ende seiner Tätigkeit als Direktor eins zu eins in Stammaktien umgewandelt werden. Nach diesen Transaktionen meldet die Einreichung, dass Herr Novich wirtschaftlich 33.144 Aktien der Grainger-Stammaktien besitzt. Die aufgeschobenen Aktieneinheiten haben in der Einreichung einen angegebenen Gesamtwert von $1,013.50. Das Formular 4 wurde am 03.09.2025 von Paul Stanukinas per Vollmacht für Herrn Novich unterzeichnet.
FAQ
What transactions did Neil S. Novich report on Form 4 for GWW?
How many Grainger shares does Neil S. Novich beneficially own after the transactions?
What is the settlement arrangement for the deferred stock units?
What is the reported value of the deferred stock units on the Form 4?
Who signed the Form 4 and when was it signed?
