KLEIN CHRISTOPHER J 4

What Happened
Christopher J. Klein, a director of W.W. Grainger (GWW), was granted 1 deferred stock unit (reported as an acquisition/award) on 2026-06-01. The reported grant uses a per-share valuation of $1,234.24, with the total value shown as about $1,234. This is an award of a derivative unit (not an open-market purchase or sale) that is expected to convert to one share of common stock on a one-for-one basis when his service as a director ends.

Key Details

• Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (timely filing).
• Transaction type: Grant/Award (code A); derivative deferred stock unit.
• Quantity and price: 1 unit at $1,234.24 per unit; total value reported ≈ $1,234.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 = 1-for-1 conversion; F2 = deferred stock units expected to settle in shares of common stock following end of director service.
• No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report.

Context
Director deferred stock unit grants are a common form of board compensation and typically reflect routine pay rather than an insider buying or selling based on a view of the company’s near-term prospects. Because these are deferred/derivative units, they do not immediately increase the director’s share count until settlement (here, after end of service). The economic size of this grant is minimal (about $1.2k).