W.W. Grainger Director Rodney Adkins Receives 12-Share Award

What Happened

• Rodney C. Adkins, a director of W.W. Grainger (GWW), was granted 12 deferred stock units on September 1, 2026. The filing lists the units at $1,309.49 each for a total reported value of $15,714. This was an award (derivative grant), not an open-market purchase or sale.

Key Details

• Transaction date and value: 2026-09-01; 12 units @ $1,309.49 = $15,714.
• Transaction type: Award/Grant (reported as a derivative instrument — deferred stock units).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 indicates a 1-for-1 (presumably conversion rate); F2 states the deferred stock units are expected to settle in common shares on a one-for-one basis following end of service as a director.
• Filing timeliness: transaction and report date are both 2026-09-01; no late filing indicated in the excerpt.

Context

• Deferred stock units are a form of compensation that typically convert into actual shares (or cash) at a future date (here, at end of service). They do not represent immediately tradable shares and are different from purchases or option exercises.
• The award is modest in size (~$15.7k) and is a routine director compensation event rather than an open-market trading signal.