Miller Cindy J 4
Research Summary
AI-generated summary
GWW Director Cindy J. Miller Receives Award of 1 Deferred Share
What Happened
Cindy J. Miller, a director of W.W. Grainger, received an award of 1 deferred stock unit (DSU) on 2026-03-01. The unit was valued at $1,144.73 (reported as ~$1,145). This was an acquisition-type award (not an open-market purchase or sale) and represents typical director compensation rather than a trading decision.
Key Details
- Transaction date and value: 2026-03-01; price/value per share $1,144.73; total value ≈ $1,145.
- Security and amount: 1 deferred stock unit (derivative) granted.
- Shares owned after transaction: Not specified in the provided filing extract.
- Footnotes: F1 indicates 1-for-1 conversion; F2 notes the DSU is expected to settle into 1 share of common stock following the end of Miller’s service as a director.
- Filing timing: Report filed 2026-03-03; no late filing indication in the data provided.
Context
Deferred stock units are a form of compensation that convert to common shares (here on a one-for-one basis) after a director leaves service or upon another settlement event. This grant is a routine, small-value director award and does not by itself indicate a personal buy/sell decision or strong signal about the company’s outlook.