Form 4: Graco Director Archie Black Boosts Stake
Insider Transaction
Graco Inc. Director Archie C. Black acquired 294.26 deferred stock shares, increasing his beneficial ownership to 3,147.3414 shares.
Summary
- Archie C. Black, a Director of Graco Inc. (GGG), acquired 294.26 deferred stock shares on October 1, 2025.
- These shares were received in lieu of quarterly retainer fees, as part of the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
- The deferred stock shares are to be settled 100% in Graco common stock upon Mr. Black's termination of service on the Board.
- Following this transaction, Mr. Black beneficially owns a total of 3,147.3414 deferred stock shares.
- The total beneficial ownership includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which are exempt under Rule 16a-11.
Sentiment
Score: 7
Explanation: The sentiment is positive as a director is increasing their beneficial ownership, aligning their interests with shareholders, even though it is a routine compensation event rather than an open market purchase.
Positives
- A Director increasing their beneficial ownership aligns their interests with those of other shareholders.
- The acquisition of shares as compensation demonstrates continued commitment from the board member.
Future Outlook
The deferred stock shares are scheduled to be settled 100% in Graco common stock in a lump sum or installments upon the reporting person's termination of service on the Board.
Management Comments
- The deferred stock shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
- Shares of Graco Inc. deferred stock were received in lieu of quarterly retainer fees.
- The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which are exempt under Rule 16a-11.
Industry Context
This filing represents a routine insider compensation transaction and does not provide broader industry-specific insights or trends.
Related Party Transactions
- The acquisition of deferred stock shares by Director Archie C. Black from Graco Inc. constitutes a related party transaction, as it involves compensation provided by the company to a member of its board of directors.
Stakeholder Impact
- Shareholders: The increase in director ownership can be viewed positively as it further aligns management's interests with shareholder value.
- Employees: No direct impact mentioned.
Next Steps
- Settlement of the deferred stock shares in Graco common stock upon Archie C. Black's termination of service on the Board.
Key Dates
| Date | Description |
|---|---|
| 10/01/2025 | Date of transaction for the acquisition of deferred stock shares. |
| 10/02/2025 | Date the Form 4 was signed by the attorney-in-fact for Mr. Black. |
Keywords
Graco Inc., GGG, Archie C. Black, Director, Insider Transaction, Form 4, Deferred Stock, Stock Incentive Plan, Compensation, Beneficial Ownership
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