Form 4: Graco Director Kevin Wheeler Boosts Stake

Graco Inc. Director Kevin J. Wheeler acquired 275.13 deferred stock shares, increasing his beneficial ownership to 7,365.9391 shares.

Summary

• Kevin J. Wheeler, a Director of Graco Inc. (GGG), acquired 275.13 deferred stock shares.
• The transaction occurred on October 1, 2025, and was filed on October 2, 2025.
• These deferred stock shares were received in lieu of quarterly retainer fees.
• The shares were accrued 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 Mr. Wheeler's termination of service on the Board.
• The acquisition price for the deferred stock shares was $84.69 per share.
• Following this transaction, Mr. Wheeler beneficially owns a total of 7,365.9391 deferred stock shares.
• The reported number of deferred stock shares includes those acquired through the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which is exempt under Rule 16a-11.

Sentiment

Score: 7

Explanation: The acquisition of additional equity by a director, even as compensation, generally indicates continued alignment with shareholder interests and a degree of confidence in the company's long-term value.

Positives

• A director increasing their beneficial ownership, even through compensation, can signal confidence in the company's future prospects.
• The acquisition aligns the director's financial interests more closely with those of long-term shareholders.

Future Outlook

The deferred stock shares are scheduled to be settled 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 related to director compensation and does not directly reflect broader industry trends or competitive positioning.

Corporate Governance

Related Party Transactions

• Kevin J. Wheeler, a director of Graco Inc., received deferred stock shares as compensation in lieu of quarterly retainer fees, which constitutes a transaction between the company and a related party.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value through greater equity ownership.

Next Steps

• Settlement of deferred stock shares in Graco common stock upon Kevin J. Wheeler's termination of service on the Board.

Key Dates

Keywords

Graco Inc., GGG, Insider Transaction, Form 4, Director Compensation, Deferred Stock, Equity Ownership, Stock Incentive Plan