Merriwether Deidra C 4
4 · W.W. GRAINGER, INC. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
W.W. Grainger CFO Deidra Merriwether Exercises Options, Sells 2,339 Shares
What Happened
Deidra Merriwether, Senior Vice President & Chief Financial Officer of W.W. Grainger (GWW), exercised 2,339 stock options on 2026-03-24 at a strike price of $311.26 (cost ≈ $728,037). The same day she sold the 2,339 shares in multiple open-market transactions for aggregate gross proceeds of about $2,490,394. The filing also records the option conversion/cancellation associated with the exercise.
Key Details
- Transaction date: 2026-03-24; Form 4 filed 2026-03-25 (timely filing).
- Exercise: 2,339 shares acquired at $311.26 each — total cash paid ≈ $728,037.
- Sales: 2,339 shares sold in multiple trades at weighted average prices between ~$1,044.54 and ~$1,072.93 depending on the lot; total proceeds ≈ $2,490,394.
- Net: She acquired and dispositioned the same number of shares the same day (effectively a cashless exercise).
- Footnotes: Transactions were executed pursuant to a Rule 10b5-1 trading plan adopted Dec 23, 2025 (F1). Several sale lines report weighted-average prices with specified price ranges and the filer offers to provide a breakdown on request (F2–F13). Option vesting history is noted (fully vested; original vesting 2020–2022) (F14).
- Shares owned after transaction: Not stated in the excerpt provided on this summary (check the full Form 4 for post-transaction beneficial ownership).
Context
- This is a common pattern where an insider exercises vested options and immediately sells the underlying shares (often to cover the strike cost and taxes); it does not on its own signal a long- or short-term view of the company.
- The presence of a 10b5-1 trading plan indicates the sales were pre-arranged under an approved automated plan (helps establish they followed a pre-set schedule).
If you want, I can pull the full Form 4 text to confirm post-transaction beneficial ownership or provide a per-lot price breakdown referenced in the footnotes.
Insider Transaction Report
Form 4
Merriwether Deidra C
Sr. VP & CFO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-24$311.26/sh+2,339$728,037→ 12,574 total - Sale
Common Stock
[F1][F2]2026-03-24$1044.84/sh−40$41,794→ 12,534 total - Sale
Common Stock
[F1][F3]2026-03-24$1048.02/sh−160$167,682→ 12,374 total - Sale
Common Stock
[F1][F4]2026-03-24$1050.78/sh−80$84,062→ 12,294 total - Sale
Common Stock
[F1][F5]2026-03-24$1060.38/sh−200$212,075→ 12,094 total - Sale
Common Stock
[F1][F6]2026-03-24$1064.06/sh−349$371,356→ 11,745 total - Sale
Common Stock
[F1][F7]2026-03-24$1064.57/sh−150$159,685→ 11,595 total - Sale
Common Stock
[F1][F8]2026-03-24$1066.69/sh−354$377,609→ 11,241 total - Sale
Common Stock
[F1][F9]2026-03-24$1067.95/sh−195$208,251→ 11,046 total - Sale
Common Stock
[F1][F10]2026-03-24$1068.79/sh−331$353,771→ 10,715 total - Sale
Common Stock
[F1][F11]2026-03-24$1070.18/sh−240$256,844→ 10,475 total - Sale
Common Stock
[F1][F12]2026-03-24$1071.32/sh−120$128,558→ 10,355 total - Sale
Common Stock
[F1][F13]2026-03-24$1072.56/sh−120$128,707→ 10,235 total - Exercise/Conversion
Stock Option
[F1][F14]2026-03-24−2,339→ 0 totalExercise: $311.26From: 2022-04-01Exp: 2029-03-31→ Common Stock (2,339 underlying)
Footnotes (14)
- [F1]Transaction pursuant to a Rule 10b5-1 trading program adopted on December 23, 2025.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,068.27 to $1,069.17, inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,069.81 to $1,070.64, inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,070.96 to $1,071.75, inclusive.
- [F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,071.98 to $1,072.93, inclusive.
- [F14]The stock option fully vested in three years, where 1/3 vested on April 1, 2020, 1/3 vested on April 1, 2021, and the remainder vested on April 1, 2022.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,044.54 to $1,044.99, inclusive. The reporting person undertakes to provide W.W. Grainger, Inc., any security holder of W.W. Grainger, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (13).
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,047.54 to $1,048.49, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,050.78 to $1,050.78, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,059.84 to $1,060.70, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,063.37 to $1,064.35, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,064.41 to $1,064.77, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,066.19 to $1,067.08, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,067.26 to $1,068.20, inclusive.
Signature
/s/ Cherita Thomas, by POA from Deidra C. Merriwether, Sr. VP & CFO|2026-03-25