Grainger (GWW) director awarded deferred stock units and reports family trust holdings
Rhea-AI Filing Summary
White Steven Andrew reported acquisition or exercise transactions in this Form 4 filing.
W.W. Grainger director Steven Andrew White reported compensation-related awards of deferred stock units tied to the company’s common stock. He received 112 deferred stock units at a reference price of $1,160.14 per unit and an additional 176 deferred stock units, both characterized as grants or awards.
The filing also shows 2,625 deferred stock units held indirectly through a family trust, with Mr. White having voting and investment power over those units. All deferred stock units are expected to settle on a one-for-one basis in common shares following the end of his service as a director, and some units were received in lieu of cash compensation for board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
White Steven Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 176 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 112 | $1,160.14 | $130K |
| holding | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 288 shares (Direct);
Deferred Stock Units — 2,625 shares (Indirect, By Family Trust)
Footnotes (4)
- 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 reporting person received deferred stock units in lieu of cash compensation for service on the board of directors.
- F4. 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 units granted: 112 units
Reference price per unit: $1,160.14
Additional deferred stock units granted: 176 units
+3 more
6 metrics
Deferred stock units granted
112 units
Grant/award acquisition of deferred stock units
Reference price per unit
$1,160.14
Price per deferred stock unit for 112-unit grant
Additional deferred stock units granted
176 units
Second grant/award of deferred stock units
Indirect deferred stock units
2,625 units
Deferred stock units held via family trust
Direct deferred stock units after one grant
288 units
Total deferred stock units following the 112-unit grant
Direct deferred stock units after another grant
176 units
Total deferred stock units following the 176-unit grant
Key Terms
Deferred Stock Units, one-for-one basis, in lieu of cash compensation, family trust
4 terms
Deferred Stock Units financial
"The deferred stock units are expected to settle in shares of common stock"
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.
one-for-one basis financial
"settle in shares of common stock on a one-for-one basis"
in lieu of cash compensation financial
"received deferred stock units in lieu of cash compensation for service on the board"
family trust financial
"transferred by the spouse into a family trust of which the reporting person is trustee"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did W.W. Grainger (GWW) report for Steven Andrew White?
W.W. Grainger reported that director Steven Andrew White received grants of deferred stock units linked to common shares. The filing shows awards of 112 units and 176 units, plus deferred stock units held indirectly through a family trust where he has voting and investment power.
How many W.W. Grainger deferred stock units were granted to Steven Andrew White?
The filing shows Steven Andrew White received two grants: 112 deferred stock units at a reference price of $1,160.14 per unit and an additional 176 deferred stock units. These awards are classified as compensation-related grants rather than open-market purchases or sales.
How are Steven Andrew White’s W.W. Grainger deferred stock units expected to settle?
The deferred stock units are expected to settle in shares of common stock on a one-for-one basis. Settlement is described as occurring following the end of his service as a director, aligning the units directly with future common share delivery.
What indirect W.W. Grainger holdings does Steven Andrew White report through a family trust?
The filing indicates 2,625 deferred stock units are held indirectly through a family trust. These units were originally gifted to his spouse and then transferred into the trust, where Mr. White serves as trustee and primary beneficiary with voting and investment power.
Did Steven Andrew White receive W.W. Grainger deferred stock units instead of cash compensation?
Yes. The filing states that deferred stock units were received in lieu of cash compensation for service on the board of directors. This means a portion of his board fees was converted into stock-based awards rather than being paid entirely in cash.
Are Steven Andrew White’s W.W. Grainger deferred stock units market purchases or compensation awards?
The reported transactions are described as grants or awards of deferred stock units, not open-market trades. They are tied to board service compensation, including units received instead of cash fees, rather than discretionary buying or selling of existing W.W. Grainger shares.