Form 4: Graco Director Kevin Wheeler Receives Deferred Stock
Statement of Changes in Beneficial Ownership
Director Kevin J. Wheeler acquired 276.14 deferred stock shares of Graco Inc. in lieu of quarterly retainer fees.
Summary
- Director Kevin J. Wheeler was granted 276.14 deferred stock shares on April 1, 2026.
- The shares were issued as compensation in lieu of quarterly board retainer fees.
- The transaction price was $84.65 per share.
- Following this transaction, the director holds a total of 7,976.5623 deferred stock shares.
- These shares will be settled in Graco common stock upon the director's termination of service from the Board.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Demonstrates confidence in the company by accepting compensation in stock rather than cash.
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 are scheduled to be settled in Graco common stock upon the director's termination of service from the Board.
Industry Context
StockSavvy.ai notes that it is standard corporate governance practice for directors to receive a portion of their compensation in equity to ensure long-term alignment with shareholder interests.
Comparison to Industry Standards
- The use of deferred stock units in lieu of cash retainers is a common practice among S&P 500 and industrial manufacturing companies to preserve cash and incentivize board members.
- The settlement terms upon termination of service are consistent with standard director compensation plans.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation | Director received deferred stock in lieu of quarterly retainer fees. | 04/01/2026 | Neutral; standard alignment of director compensation with equity. |
Stakeholder Impact
- Shareholders: Minimal impact; reflects standard director compensation practices.
Next Steps
- Settlement of deferred stock shares upon the director's future termination of service.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Date of the deferred stock grant transaction. |
| 04/02/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Graco, GGG, Form 4, Insider Trading, Director Compensation, Deferred Stock
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