Adkins Rodney C 4
Research Summary
AI-generated summary
W.W. Grainger Director Rodney Adkins Receives Award of 12 Shares
What Happened
- Rodney C. Adkins, a director of W.W. Grainger, Inc. (GWW), received an award of 12 deferred stock units on 2026-03-01. The units are valued at $1,144.73 each, for a total reported value of $13,736.76 (rounded to $13,737). This filing reports an acquisition (award) of derivative securities rather than an open-market purchase.
Key Details
- Transaction date and filing: transaction dated 2026-03-01; Form 4 filed 2026-03-03.
- Price/value: 12 units @ $1,144.73 each; total value ≈ $13,737.
- Security type: Deferred stock units (derivative award) expected to settle into common shares 1-for-1.
- Footnotes: F1 indicates 1-for-1 conversion; F2 clarifies the deferred stock units will settle into shares following end of director service.
- Shares owned after transaction: not specified in the provided excerpt.
- Timeliness: filing appears timely (filed two days after the reported transaction); no late-filing flag shown.
Context
- These deferred stock units are a form of director compensation and will convert to common shares on a one-for-one basis after Adkins’ service ends. Such awards are routine compensation and do not necessarily indicate immediate insider buying or selling intent.