Form 4: Graco Inc. Director Acquires Shares in Lieu of Retainer Fees

Director Brett C. Carter acquired 267 shares of Graco Inc. common stock in lieu of quarterly retainer fees on April 1, 2024.

Summary

• On April 1, 2024, Brett C. Carter, a director of Graco Inc., acquired 267 shares of common stock.
• The shares were received in lieu of quarterly retainer fees at a price of $93.46 per share.
• Following the transaction, Carter's total holdings amount to 2,784.793 shares, including shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction reflecting standard compensation practices. The director's acquisition of shares is a positive sign, but it's not a major event.

Positives

• The director's acquisition of shares in lieu of fees demonstrates confidence in the company's value.

Industry Context

Directors acquiring company stock is generally viewed positively, as it aligns their interests with those of shareholders. This is a routine transaction and doesn't necessarily indicate a major shift in the company's outlook.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates