Form 4: Graco Director Boosts Stake with Deferred Stock

Graco Inc. Director Heather L. Anfang acquired 304.99 deferred stock shares in lieu of quarterly retainer fees, increasing her beneficial ownership.

Summary

• Heather L. Anfang, a Director of Graco Inc. (GGG), acquired 304.99 deferred stock shares.
• These shares were received on January 1, 2026, in lieu of quarterly retainer fees.
• The acquisition was made under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
• The deferred stock shares are to be settled 100% in Graco common stock upon Ms. Anfang's termination of service on the Board.
• Following this transaction, Ms. Anfang beneficially owns 3,193.8596 deferred stock shares, which includes shares acquired through the Automatic Dividend Reinvestment Plan (DRIP).
• The implied price per share for the acquired deferred stock was $81.97.

Sentiment

Score: 7

Explanation: The acquisition of additional company stock by a director, even as compensation, generally indicates confidence in the company's future and aligns director interests with shareholders. This is a routine, positive signal.

Positives

• A director increasing their stake in the company, even through compensation, can signal confidence in the company's future performance.
• The use of deferred stock aligns the director's long-term interests with those of shareholders.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the settlement terms of the deferred stock shares upon termination of service.

Industry Context

This is a routine insider transaction disclosure and does not provide specific insights into broader industry trends or competitive landscape. It reflects standard executive compensation practices within publicly traded companies.

Corporate Governance

Related Party Transactions

• Director Heather L. Anfang received 304.99 deferred stock shares as compensation for her service on the Board, which is a standard related-party transaction for director remuneration.

Stakeholder Impact

• Shareholders: The transaction aligns the director's interests with shareholders by increasing her equity stake in the company.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Recommendation

This Form 4 filing details a routine compensation event where a director received deferred stock in lieu of fees. While it signals alignment of interests, it does not present new fundamental information that would warrant a change in investment recommendation. It's a standard disclosure of an expected transaction.

Keywords

Graco Inc., GGG, SEC Form 4, Insider Transaction, Director Stock Acquisition, Deferred Stock, Stock Incentive Plan, Corporate Governance, Executive Compensation