W.W. Grainger Director Neil S. Novich Receives Deferred Stock Units
W.W. GRAINGER, INC.
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Filing Summary
📋 SEC Form 4 Filing Summary for W.W. GRAINGER, INC. ($GWW) Insider: NOVICH NEIL S (Director) Transaction Date: September 1, 2026 Type: Grant / Award (Deferred Stock Units) Shares Transacted: 64 units @ $1,309.49 (~$83,807.36) Direct/Indirect: Transferred to Family Trust Total Indirect DSU Holdings After: 33,708 units Direct Common Stock Holdings: 4,605 shares Significance: Low (Routine director compensation & estate planning transfer)
Comprehensive Analysis
Executive Summary
On September 1, 2026, W.W. Grainger, Inc. ($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.
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