SANTI ERNEST SCOTT 4
Research Summary
AI-generated summary
W.W. Grainger (GWW) Director Santi Ernest Scott Receives Award
What Happened
- Santi Ernest Scott, a director of W.W. Grainger, received an award of 176 deferred stock units (derivative grant) on 2026-04-29. The units were granted at $0.00 (no cash purchase) and are recorded as a derivative acquisition.
Key Details
- Transaction date: 2026-04-29; filing date: 2026-05-01 (filed within the typical two-business-day window).
- Grant: 176 deferred stock units recorded at $0.00 per unit.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 indicates a 1-for-1 conversion; F2 explains the deferred stock units are expected to settle into common stock on a one-for-one basis after the director’s service ends.
- Transaction code: A (award/grant) — not a buy or sell of outstanding shares.
Context
- These are deferred stock units (a form of equity compensation) rather than an open-market purchase or sale. They typically vest or convert to actual shares at a future date (here, upon end of service), so this award does not represent an immediate change in market-held shares.