Wholesale Distribution › Disclosure examples

Wholesale Distribution: Pay versus performance

Note: Item 402(v) pay-versus-performance disclosure (typically in the proxy statement).

W.W. GRAINGER, INC. (GWW) · Form DEF 14A for period ended 2026-04-29 · filed 2026-03-10 · Section: Pay Versus Performance

In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and our other NEOs (“Non-PEO NEOs”) and Company performance for the fiscal years listed below. While we are required to identify total Company adjusted ROIC as the Company Selected Measure (“CSM”) in accordance with Item 402(v) of Regulation S-K of the Exchange Act, adjusted ROIC and daily sales growth are the financial measures we consider the two most important in linking performance to compensation actually paid to the NEOs for the 2025 fiscal year to Company performance, as the Company’s overall NEO compensation structure is designed to drive profitable growth leading to shareholder value creation.
Year Summary Compensation Table Total for PEO (1) Compensation Actually Paid to PEO (1)(2)(3) Average Summary Compensation Table Total for Non-PEO NEOs (1) Average Compensation Actually Paid to Non-PEO NEOs (1)(2)(3) Value of Initial Fixed $100 Investment Based On: Net Income ($MM) Adjusted ROIC (5) Daily, Organic Constant Currency Sales Growth (5)
TSR Peer Group TSR (4) CSM Supplemental Measure
2025 $ 11,609,508 $ 9,107,336 $ 3,949,001 $ 3,497,275 $ 261 $ 231 $ 1,706 39.1 % 4.0 %
2024 $ 10,881,689 $ 15,759,913 $ 3,053,409 $ 4,239,678 $ 270 $ 208 $ 1,909 41.4 % 4.5 %
2023 $ 10,160,673 $ 23,002,860 $ 3,042,195 $ 4,822,536 $ 211 $ 179 $ 1,829 42.8 % 9.2 %
2022 $ 9,967,658 $ 14,293,346 $ 3,121,115 $ 3,736,729 $ 140 $ 121 $ 1,547 40.6 % 16.5 %
2021 $ 9,015,594 $ 16,301,335 $ 2,138,920 $ 2,891,203 $ 129 $ 137 $ 1,043 31.9 % 12.8 %

Verbatim excerpt (596 words), formatting simplified. View full filing on EDGAR →

See all Pay versus performance examples →

Templates & resources

AICPA & CIMA – SEC reporting resources (AICPA & CIMA · Professional body · Free / member)
BDO Accounting, Reporting & Compliance Hub (ARCH) (BDO · Firm guide · Free)
Deloitte DART – Roadmap Series (Deloitte · Firm guide · Free)
Grant Thornton Insights (Grant Thornton · Firm guide · Free)
KPMG Financial Reporting View (KPMG · Firm guide · Free)
PwC Viewpoint (PwC · Firm guide · Free / paid)
RSM Financial Reporting Resource Center (RSM · Firm guide · Free)
SEC – EDGAR Full Text Search (SEC · Regulator · Free)

Listed alphabetically by provider. Listings are not endorsements; no provider pays for placement. All templates & resources

Year	Summary Compensation Table Total for PEO (1)		Compensation Actually Paid to PEO (1)(2)(3)	Average Summary Compensation Table Total for Non-PEO NEOs (1)		Average Compensation Actually Paid to Non-PEO NEOs (1)(2)(3)	Value of Initial Fixed $100 Investment Based On:	Net Income ($MM)		Adjusted ROIC (5)	Daily, Organic Constant Currency Sales Growth (5)
TSR	Peer Group TSR (4)		CSM	Supplemental Measure
2025		$ 11,609,508			$ 9,107,336		$ 3,949,001		$ 3,497,275			$ 261	$ 231	$ 1,706	39.1 %	4.0 %
2024		$ 10,881,689			$ 15,759,913		$ 3,053,409		$ 4,239,678			$ 270	$ 208	$ 1,909	41.4 %	4.5 %
2023		$ 10,160,673			$ 23,002,860		$ 3,042,195		$ 4,822,536			$ 211	$ 179	$ 1,829	42.8 %	9.2 %
2022		$ 9,967,658			$ 14,293,346		$ 3,121,115		$ 3,736,729			$ 140	$ 121	$ 1,547	40.6 %	16.5 %
2021		$ 9,015,594			$ 16,301,335		$ 2,138,920		$ 2,891,203			$ 129	$ 137	$ 1,043	31.9 %	12.8 %