Adkins Rodney C 4

What Happened Rodney C. Adkins, a director of W.W. Grainger, received a grant of 12 deferred stock units (reported as a derivative award) on 2026-06-01. The award was reported at $1,234.24 per unit for a total reported value of $14,811. These are not immediate share purchases or sales but director compensation granted as units that convert to common stock later.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (filed the next day).
• Transaction type/code: Award/Grant (A) — derivative security (deferred stock units).
• Quantity and value: 12 units @ $1,234.24 each; total reported value $14,811.
• Settlement: Deferred stock units are expected to settle in shares on a one-for-one basis following the end of service as a director (footnotes F1/F2).
• Shares owned after transaction: Not specified in the provided excerpt.
• Timeliness: Filed the day after the grant; no late-filing indication in this excerpt.

Context Deferred stock units are a common form of non-cash director compensation that convert into company shares (here, one-for-one) after specified conditions—typically end of service. This award is routine compensation rather than an open-market purchase or sale and does not by itself signal buying or selling intent.