SANTI ERNEST SCOTT 4

What Happened

• Santi Ernest Scott, a director of W.W. Grainger (GWW), was granted 21 deferred stock units on 2026-06-01. The award is reported at $1,234.24 per share, for a total reported value of $25,919. The filing classifies this as an award/acquisition (derivative), not an open-market purchase of immediate shares.

Key Details

• Transaction date and value: 2026-06-01 — 21 units @ $1,234.24 each; total $25,919; transaction code A (award/acquisition).
• Shares owned after transaction: Not stated in this filing.
• Footnotes: F1 indicates a 1-for-1 basis; F2 clarifies these are deferred stock units expected to settle in common shares one-for-one following the end of Scott’s service as a director.
• Filing timeliness: Form 4 filed 2026-06-02 reporting the 2026-06-01 grant; no late-filing flag noted in the filing.

Context

• This was a grant of deferred stock units (a derivative award) that do not immediately convert into voting shares. They are expected to convert into one share per unit after Scott’s service ends, so this is a compensation award rather than an immediate purchase or sale. Such grants are common for director compensation and, by themselves, do not necessarily signal insider buying or selling intent.