Jaspon Katherine D. 4

What Happened

• Katherine D. Jaspon, a director of W.W. Grainger, reported a gift transaction dated 2026-05-12 involving 288 derivative shares (deferred stock units). The filing shows both a gift disposition and a gift acquisition of 288 units at $0.00, so no cash changed hands and the reported transaction value is $0.

Key Details

• Transaction date: 2026-05-12; Price per unit: $0.00; Total reported value: $0.
• Transaction code: G (Gift); reported as derivative securities (deferred stock units), not open-market buy/sell.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: 1-for-1 conversion.
  • F2: The deferred stock units are expected to settle into one share of common stock per unit following the end of service as a director.
  • F3: Some shares are held in a trust for which Ms. Jaspon’s spouse is a co-trustee and beneficiaries include the spouse and mutual descendants.
• Filing: Form 4 filed with accession 0000277135-26-000057 on 2026-05-12 (no late-filing flag indicated in the provided data).

Context

• These were gifts of deferred stock units (derivative securities), not purchases or sales. Gifts typically reflect personal or estate planning and do not necessarily signal the insider’s view of the company’s prospects. The deferred units will convert 1-for-1 to common shares after Ms. Jaspon’s service ends.