W.W. Grainger (GWW) Director Lucas E. Watson Receives Award of 12 Shares
$GWW · W.W. GRAINGER, INC.Research Summary
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W.W. Grainger (GWW) Director Lucas E. Watson Receives Award of 12 Shares
What Happened
Lucas E. Watson, a director of W.W. Grainger, received an award of 12 deferred stock units (DSUs) on 2026-09-01. The units were valued at $1,309.49 each for a total grant value of approximately $15,714. This was a grant/award (not an open-market purchase or sale) and represents deferred compensation rather than immediately tradable shares.
Key Details
- Transaction date: 2026-09-01; Grant type: Award/Grant (code A); Derivative units: 12
- Price/value shown: $1,309.49 per unit; total value ≈ $15,714
- Shares owned after transaction: not disclosed in the filing
- Footnotes: F1 — Held in the Lucas E. Watson Trust (reporting person is trustee). F2 — 1-for-1. F3 — DSUs expected to settle into common shares on a one-for-one basis following end of service as a director.
- Filing timeliness: Report filed on 2026-09-01 (same date as the transaction), indicating a timely Form 4.
Context
Deferred stock units are a form of compensation that typically convert into company shares (here on a one-for-one basis) after the director's service ends; they are not immediate open-market purchases and do not reflect an immediate change in tradable holdings. Director awards like this are common as part of board compensation and do not by themselves indicate a buy/sell signal.