Grainger (NYSE: GWW) director takes deferred stock instead of cash pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jaspon Katherine D. reported acquisition or exercise transactions in this Form 4 filing.
W.W. Grainger director Katherine D. Jaspon reported routine equity compensation in the form of deferred stock units. On this date she received grants of 112 and 176 deferred stock units as compensation for board service, including units taken in lieu of cash fees.
Each deferred stock unit is expected to settle into one share of common stock on a one-for-one basis after her service as a director ends. Following these awards, she holds 288 deferred stock units directly and an additional 1,559 underlying shares indirectly through a family trust for which her spouse is a co-trustee. The filing reflects compensation awards, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jaspon Katherine D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 176 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 112 | $1,160.14 | $130K |
| holding | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 176 shares (Direct, null);
Deferred Stock Units — 1,559 shares (Indirect, 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 reporting person received deferred stock units in lieu of cash compensation for service on the board of directors. Shares held in a trust for which Ms. Jaspon's spouse serves as a co-trustee, and her spouse and any mutual descendants of her and her spouse are beneficiaries.
Key Figures
Deferred stock units granted: 112 units
Additional deferred stock units granted: 176 units
Deferred stock units held directly after grants: 288 units
+2 more
5 metrics
Deferred stock units granted
112 units
Grant of deferred stock units on 2026-04-29 at $1,160.14 per unit
Additional deferred stock units granted
176 units
Second grant of deferred stock units on 2026-04-29 at $0.00 per unit
Deferred stock units held directly after grants
288 units
Total deferred stock units directly owned following reported acquisitions
Indirect underlying shares via family trust
1,559 shares
Underlying common shares tied to deferred stock units held indirectly through a family trust
Reference price for one grant
$1,160.14 per unit
Transaction price per deferred stock unit for the 112-unit grant
Key Terms
Deferred Stock Units, Family Trust, underlying security, Grant, award, or other acquisition
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.
Family Trust financial
"Shares held in a trust for which Ms. Jaspon's spouse serves as a co-trustee"
underlying security financial
"underlying security title: Common Stock and underlying security shares of 1,559.0000"
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did W.W. Grainger (GWW) director Katherine Jaspon report in this Form 4?
Katherine D. Jaspon reported receiving deferred stock units as routine board compensation. She was granted 112 and 176 units, which are derivative equity awards tied to W.W. Grainger common stock, rather than open-market share purchases or sales.
How many deferred stock units did the W.W. Grainger (GWW) director receive?
She received two grants of deferred stock units: 112 units at a reference price of $1,160.14 per unit and 176 additional units at a stated price of $0.00, all as compensation for serving on W.W. Grainger’s board of directors.
How and when do Katherine Jaspon’s W.W. Grainger deferred stock units settle?
The deferred stock units are expected to settle in W.W. Grainger common stock on a one-for-one basis. Settlement occurs following the end of her service as a director, converting each unit into a single share of common stock.
What are Katherine Jaspon’s W.W. Grainger holdings after these deferred stock grants?
After the reported grants, she holds 288 deferred stock units directly. In addition, a family trust associated with her holds 1,559 underlying shares, with her spouse serving as a co-trustee and beneficiaries including their mutual descendants.
Were there any open-market purchases or sales in this W.W. Grainger (GWW) Form 4?
No open-market purchases or sales were reported. The Form 4 shows grants of deferred stock units as compensation and an indirect holding in a family trust, rather than discretionary buying or selling of W.W. Grainger common shares in the market.