Deidra C. Merriwether - Nov 1, 2024 Form 4 Insider Report for W.W. GRAINGER, INC. (GWW)

Signature
/s/ Ronald J. Edwards, by POA from Deidra C. Merriwether, Sr. VP & CFO
Stock symbol
GWW
Transactions as of
Nov 1, 2024
Transactions value $
-$1,400,615
Form type
4
Date filed
11/5/2024, 02:13 PM
Previous filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWW Common Stock Tax liability -$622K -561 -5.21% $1,109.23 10.2K Nov 1, 2024 Direct
transaction GWW Common Stock Sale -$778K -704 -6.89% $1,105.59 9.51K Nov 1, 2024 Direct F1
holding GWW Common Stock 10.8K Nov 1, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GWW Stock Option 2.34K Nov 1, 2024 Common Stock 2.34K $311.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction pursuant to a previously adopted Rule 10b5-1 trading program.
F2 The stock option fully vested in three years, where 1/3 vested on April 1, 2020, 1/3 vested on April 1, 2021, and the remainder vested on April 1, 2022.

Remarks:

Exhibits: Exhibit 24 - Power of Attorney.