Form 4: Graco Director Heather Anfang Boosts Stock Holdings

Graco Inc. Director Heather L. Anfang acquired 294.26 deferred stock shares on October 1, 2025, as part of her routine quarterly retainer compensation.

Summary

• Heather L. Anfang, a Director of Graco Inc. (GGG), acquired 294.26 deferred stock shares.
• The transaction occurred on October 1, 2025, and was made pursuant to a Rule 10b5-1 plan.
• These shares were received in lieu of quarterly retainer fees.
• The deferred stock shares are accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
• The shares are to be settled 100% in Graco common stock in a lump sum or installments upon Ms. Anfang's termination of service on the Board.
• The acquisition price for the deferred stock shares was $84.96 per share.
• Following this transaction, Ms. Anfang beneficially owns a total of 2,879.2523 deferred stock shares.
• The total number of deferred stock shares includes those acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which are exempt under Rule 16a-11.

Sentiment

Score: 7

Explanation: The acquisition of deferred stock shares by a director, particularly as part of routine compensation and under a 10b5-1 plan, is generally viewed positively as it aligns management's interests with those of shareholders. However, it is a standard, non-discretionary event and does not signal new fundamental information.

Positives

• The acquisition of deferred stock shares by a director aligns their interests with those of common shareholders.
• The transaction was part of a pre-arranged 10b5-1 plan, indicating a structured approach to compensation and share accumulation.

Future Outlook

The deferred stock shares will be settled 100% in Graco common stock in a lump sum or installments upon the reporting person's termination of service on the Board.

Industry Context

This is a routine insider transaction, common across industries, where directors receive equity as part of their compensation, often through pre-arranged plans to ensure compliance and align interests with shareholders.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value due to equity compensation.

Next Steps

• Settlement of the deferred stock shares in Graco common stock upon the reporting person's termination of service on the Board.

Key Dates

Recommendation

This Form 4 reports a routine, pre-scheduled acquisition of deferred stock by a director as part of their compensation. While it indicates alignment of interests, it does not provide new material information about the company's financial performance, strategic direction, or operational outlook that would warrant a change in investment recommendation.

Keywords

Graco, GGG, Form 4, Insider Transaction, Director Compensation, Deferred Stock, Stock Incentive Plan, 10b5-1 Plan