W.W. Grainger Director Neil S. Novich Receives Deferred Stock Units

Executive Summary

On September 1, 2026, W.W. Grainger, Inc. ($GWW) director Neil S. Novich reported the acquisition of 64 Deferred Stock Units (DSUs) under director compensation arrangements at a stated value of $1,309.49 per share ($83,807.36 total). Following the award, Mr. Novich transferred the 64 units via gift/transfer (Transaction Code G) to a family trust for which he serves as co-trustee.

Key Transaction Highlights

• Security: Deferred Stock Units (settle 1-for-1 in common stock upon termination of board service)
• Award Code: A (Grant/Award) — 64 units at $1,309.49
• Transfer Code: G (Gift/Transfer) — 64 units transferred from direct ownership to indirect ownership (Family Trust)
• Post-Transaction Beneficial Holdings:
  • Deferred Stock Units (Indirect via Family Trust): 33,708 units
  • Common Stock (Direct): 4,605 shares

Market & Governance Impact

This filing reflects standard director equity compensation and routine trust/estate planning reallocations. There is no open-market purchase or sale activity, rendering the market and trading significance low.