Davis George S 4

What Happened
George S. Davis, a director of W.W. Grainger, received an award of 3 deferred stock units (derivative securities) on 2026-06-01. The filing lists an acquisition value of $1,234.24 per unit, for a total reported value of $3,702.72 (rounded to $3,703). This was an award/grant (not an open-market purchase or sale) and represents director compensation rather than an immediate cash investment.

Key Details

• Transaction date and type: 2026-06-01 — Grant/award (code A) of 3 deferred stock units.
• Price/value: $1,234.24 per unit; total reported value $3,702.72 (~$3,703).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 indicates a 1-for-1 conversion; F2 states the deferred stock units are expected to settle in common shares on a one-for-one basis following the end of Davis’s service as a director.
• Filing timeliness: Form 4 filed 2026-06-02 for a 2026-06-01 transaction — appears to be filed promptly (not marked late).

Context
Deferred stock units are a common form of director compensation and typically convert to company shares (here, on a one-for-one basis) after the director leaves service or at a specified vesting/settlement date. Because these units are not an open-market purchase, they reflect compensation rather than an immediate bullish purchase signal.