Form 4: Graco Director J. Kevin Gilligan Acquires Deferred Stock
Statement of Changes in Beneficial Ownership
Director J. Kevin Gilligan acquired 394.27 deferred stock shares of Graco Inc. in lieu of quarterly retainer fees.
Summary
- Director J. Kevin Gilligan received 394.27 deferred stock shares on April 1, 2026.
- The shares were issued in lieu of quarterly retainer fees at a price of $84.65 per share.
- Following this transaction, the director holds a total of 98,386.0932 deferred stock shares.
- These shares are governed by the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Director demonstrates alignment with shareholder interests by accepting compensation in equity.
Negatives
- None identified.
Risks
- Value of deferred stock is subject to market fluctuations in Graco Inc. common stock price.
Future Outlook
The deferred stock shares will be settled in Graco common stock upon the director's termination of service from the Board, either in a lump sum or installments.
Industry Context
StockSavvy.ai notes that this transaction is a routine disclosure of director compensation via equity, reflecting standard corporate governance practices for S&P 500 industrial companies.
Comparison to Industry Standards
- The use of deferred stock units in lieu of cash retainers is a common practice among large-cap industrial firms to ensure director alignment with long-term stock performance.
- The reporting of these transactions via Form 4 is consistent with SEC requirements for all publicly traded companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation arrangement.
Next Steps
- Settlement of deferred stock shares upon the director's eventual departure from the Board.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Date of the transaction involving the acquisition of deferred stock shares. |
| 04/02/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Graco, GGG, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan
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