When you create a PDF with Save As or Export in Word, the document’s colours go straight into the PDF. There is no colour or grayscale option on that screen.
Printing to “Microsoft Print to PDF” on Windows has no colour setting either. The “Black and white” or “Grayscale” options in a printer’s settings only affect paper printouts, not PDFs.
So you need to remove the colour in Word first, or convert the PDF to black and white afterwards.
