Grainger (NYSE: GWW) director reports small gift transfers and new stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
W.W. Grainger director Steven Andrew White reported routine compensation and family estate-planning moves involving deferred stock units. On June 1, 2026, he received a grant of 6 deferred stock units, each tied one-for-one to common stock value.
That same day, two non-market transactions labeled as bona fide gifts moved a total of 12 deferred stock units, including a gift to his spouse and a subsequent transfer into a family trust. After these changes, White holds 2,919 deferred stock units indirectly through the family trust and 6 deferred stock units directly, all expected to settle in common shares after his service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 shares gifted
Mixed
3 txns
Insider
White Steven Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 6 | $1,234.24 | $7K |
| Gift | Deferred Stock Units | 6 | $0.00 | -- |
| Gift | Deferred Stock Units | 6 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 6 shares (Direct, null);
Deferred Stock Units — 2,919 shares (Indirect, By Family Trust)
Footnotes (1)
- 1-for-1 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. 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.
Key Figures
Deferred stock unit grant: 6 units
Gifted deferred stock units: 12 units
Indirect deferred stock units: 2,919 units
+4 more
7 metrics
Deferred stock unit grant
6 units
Grant on June 1, 2026
Gifted deferred stock units
12 units
Two bona fide gifts on June 1, 2026
Indirect deferred stock units
2,919 units
Held via family trust after transactions
Direct deferred stock units
6 units
Directly held after grant and gifts
Grant reference price
$1,234.24 per unit
Price per deferred stock unit for 6-unit grant
Gift transactions count
2 gifts
Bona fide gift code G entries
Total derivative transactions
3 transactions
All involve deferred stock units
Key Terms
Deferred Stock Units, bona fide gift, family trust, one-for-one basis
4 terms
Deferred Stock Units financial
"The deferred stock units are expected to settle in shares of common stock on a one-for-one basis"
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
"transferred by the spouse into a family trust of which the reporting person is trustee and primary beneficiary"
one-for-one basis financial
"expected to settle in shares of common stock on a one-for-one basis"
FAQ
What insider transactions did W.W. Grainger (GWW) director Steven White report?
Steven White reported a grant of 6 deferred stock units and two bona fide gift transfers totaling 12 units. These are non-market, family-related and compensation transactions, not open-market stock purchases or sales.
How many W.W. Grainger (GWW) deferred stock units does Steven White hold after these transactions?
After the reported transactions, Steven White holds 2,919 deferred stock units indirectly through a family trust and 6 units directly. All these units are linked to W.W. Grainger common stock on a one-for-one basis.
Were Steven White’s W.W. Grainger (GWW) transactions open-market buys or sells?
No, the filing shows no open-market buys or sells. The transactions are a grant of 6 deferred stock units and two bona fide gifts totaling 12 units, which are non-market, family and compensation-related moves.
How are Steven White’s W.W. Grainger (GWW) deferred stock units expected to settle?
The deferred stock units are expected to settle in W.W. Grainger common stock on a one-for-one basis after Steven White’s service as a director ends, according to the filing footnotes.
What role does the family trust play in Steven White’s W.W. Grainger (GWW) holdings?
A family trust holds 2,919 of Steven White’s deferred stock units. He is trustee and primary beneficiary, with voting and investment power over all units held by the trust, as disclosed in the filing footnotes.