W.W. Grainger (GWW) Director Ernest Scott Santi Receives Award

What Happened
Ernest Scott Santi, a director of W.W. Grainger (GWW), was granted 20 deferred stock units (a derivative award) on 2026-09-01. Each unit was valued at $1,309.49, for a total grant value of approximately $26,190. These deferred stock units are expected to settle into common shares on a one-for-one basis following the end of his service as a director. This was an award/acquisition (code A) as part of director compensation, not an open-market purchase.

Key Details

• Transaction date: 2026-09-01 (reported on Form 4 filed 2026-09-01).
• Transaction type/code: Award/Grant (A); derivative instrument = deferred stock units.
• Quantity and valuation: 20 units × $1,309.49 = $26,190 (total).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 indicates 1-for-1; F2 states the deferred stock units will settle in common stock one-for-one after end of service.
• Timeliness: Filing date matches the report period; no late-filing flag indicated.

Context
Deferred stock units are a common form of director compensation and typically convert to actual shares only after a director leaves service or at a specified vesting/settlement date. Such awards reflect standard comp plans and do not necessarily signal the director’s near-term trading intent.