Jaspon Katherine D. 4

What Happened
Katherine D. Jaspon, a director of W.W. Grainger, Inc. (GWW), was granted 4 deferred stock units (derivative award) on March 1, 2026, with an aggregate reported value of $4,579 (4 units × $1,144.73). On the same day there were also gift transfer entries involving 4 units: one gift disposition of 4 units and one gift acquisition of 4 units (both reported at $0.00). The primary reportable item is the small deferred stock award; the gifts appear to be non‑cash transfers and do not by themselves signal buying or selling for market exposure.

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (no late filing indicated).
• Award: 4 deferred stock units (derivative) at $1,144.73 each; total value reported $4,579.
• Gifts: one disposition of 4 units and one acquisition of 4 units, both reported at $0.00 (gift code G).
• Shares owned after transaction: Not stated in the provided filing summary.
• Footnotes: F2 — deferred stock units are expected to settle into common shares on a one‑for‑one basis following end of service; F3 — some shares are held in a trust where Ms. Jaspon’s spouse is co‑trustee and beneficiaries include spouse and descendants; F1 notes 1-for-1 settlement.
• Transaction types/codes: A = Award/Grant (derivative); G = Gift (disposition and acquisition).

Context

• Deferred stock units are a form of equity compensation that convert to common stock (per the filing) after a director’s service ends; they are derivatives until settlement.
• Gift transactions are transfers and do not necessarily reflect an insider’s view of the company’s stock price.
• The award value is small relative to typical executive transactions; purchases (cash outlays) typically carry more informational weight for investors than awards or intra‑family gifts.