Grainger director reports deferred stock unit gift
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Rhea-AI Filing Summary
W.W. Grainger director Steven Andrew White reported movements in deferred stock units tied to his board service. He received a grant of 5 deferred stock units, which are expected to settle into an equal number of common shares on a one-for-one basis after his service as a director ends.
On the same date, 5 deferred stock units were gifted to his spouse and then transferred into a family trust, where he is trustee and primary beneficiary and holds voting and investment power over the trust’s units. After these transfers, 2,625 deferred stock units are shown as held indirectly through the family trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 5 | $1,144.73 | $6K |
| Gift | Deferred Stock Units | 5 | $0.00 | $0.00 |
| Gift | Deferred Stock Units | 5 | $0.00 | $0.00 |
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. The stock units were gifted to the reporting person's spouse and were subsequently transferred by the spouse into a family trust of which the reporting person is trustee and primary beneficiary. The reporting person has voting and investment power with respect to all stock units held by the family trust.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Steven Andrew White report at W.W. Grainger (GWW)?
What are the deferred stock units reported by W.W. Grainger director Steven Andrew White?
How many W.W. Grainger deferred stock units did Steven Andrew White acquire in this Form 4?
What gift transactions involving W.W. Grainger deferred stock units were disclosed?
Does Steven Andrew White retain control over the W.W. Grainger deferred stock units held in the family trust?
When will the W.W. Grainger deferred stock units reported by Steven Andrew White settle into common shares?
AI-generated analysis. How Rhea-AI works. Not financial advice.