Davis George S 4
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W.W. Grainger Director George S. Davis Receives Award
What Happened George S. Davis, a director of W.W. Grainger (GWW), was granted deferred stock units on April 29, 2026 (reported on a Form 4 filed May 1). The filing reports two derivative awards: 176 units at $0.00 and 142 units at $1,160.14 each (142 × $1,160.14 = $164,740). These were reported as awards/grants (transaction code A) and represent compensation, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (timely filing).
- Reported grants: 176 units at $0.00; 142 units at $1,160.14 each (total reported value $164,740).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes: F1 = 1-for-1; F2 = deferred stock units expected to settle into common shares on a one-for-one basis following end of service as a director; F3 = units were issued in lieu of cash board compensation.
- Transaction type: Award/grant of deferred stock units (derivative securities). No immediate sale or cashless exercise reported.
Context Deferred stock units are a form of compensation that typically convert to actual shares later (here, upon end of service) and are common for board pay; they do not necessarily indicate the insider is buying or selling based on a view of the stock. The material item for investors is the reported $164,740 value for the 142-unit component; otherwise, this appears to be routine director compensation.