Grainger (NYSE: GWW) officer reports RSU tax share withholdings
Rhea-AI Filing Summary
W.W. Grainger’s Senior Vice President and Chief Legal Officer Nancy L. Berardinelli-Krantz reported routine share withholdings tied to restricted stock unit vesting. On February 1, 2025, 188 common shares were withheld at $1,062.67 per share for tax purposes. On February 1, 2026, a further 189 shares were withheld at $1,079.94 per share for the same award.
These transactions relate to a February 1, 2023 restricted stock unit grant that vests in three equal annual tranches on February 1 of 2024, 2025, and 2026. After the February 1, 2026 tax withholding, Berardinelli-Krantz directly beneficially owned 2,797 shares of Grainger common stock. The filing also notes that the February 1, 2025 vesting event was not reported at the time due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 189 | $1,079.94 | $204K |
| Exercise Price or Tax Liability | Common Stock | 188 | $1,062.67 | $200K |
Footnotes (2)
- F1. Shares withheld for tax withholding for the partial settlement of the February 1, 2023 award of restricted stock units (the "February Award"). The February Award will be settled after vesting by the delivery of unrestricted shares of common stock on a one-to-one basis. The February Award vests in three equal tranches, with 1/3 vesting on each of February 1, 2024, February 1, 2025 and February 1, 2026. Due to an administrative error, the February 1, 2025 vesting was not reported at the time of vesting.
- F2. Shares withheld for tax withholding upon the February 1, 2026 vesting and partial settlement of the February Award, as described in footnote 1 above.
FAQ
What insider transaction did W.W. Grainger (GWW) report for Nancy L. Berardinelli-Krantz?
What equity award is referenced in Nancy L. Berardinelli-Krantz’s Form 4 for GWW?
Why does the W.W. Grainger (GWW) Form 4 mention an administrative error?
What is transaction code “F” in the W.W. Grainger (GWW) insider filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.