W.W. Grainger (GWW) Director Katherine D. Jaspon Receives Award

What Happened
Katherine D. Jaspon, a director of W.W. Grainger (GWW), was granted a derivative award of 4 deferred stock units (DSUs) on 2026-09-01 valued at $1,309.49 each, totaling $5,238. The filing also shows corresponding zero-dollar gift transfers of 4 shares (one disposition and one acquisition), consistent with internal transfers into a trust for which her spouse is co-trustee.

Key Details

• Transaction date: 2026-09-01.
• Award: 4 deferred stock units at $1,309.49 per unit; total reported value $5,238 (transaction code A — award/acquisition; recorded as a derivative).
• Gifts: one disposition of 4 shares and one acquisition of 4 shares at $0.00 (transaction code G — gift), indicating a non‑cash transfer.
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnotes:
  • F1: 1-for-1 (settlement/conversion ratio).
  • F2: The deferred stock units are expected to settle into common shares on a one-for-one basis after her service as a director ends.
  • F3: Shares are/were held in a trust where Ms. Jaspon’s spouse is co-trustee and their mutual descendants are beneficiaries — consistent with estate or family transfers.
• Filing timeliness: Reported on 2026-09-01 for the 2026-09-01 transaction date (no late filing indicated).

Context
The primary event is an awarded grant of deferred stock units (a form of compensation/benefit for directors) rather than an open‑market purchase or sale. Such DSUs indicate future share settlement after service ends and are common director compensation. The zero-dollar gift entries reflect transfers (likely into a family trust) and do not necessarily signal any change in market sentiment.