Form 4: Graco Inc. Director Archie C. Black Reports Acquisition of Deferred Stock

Director Archie C. Black reports acquisition of deferred stock shares in Graco Inc. under the company's Amended and Restated 2019 Stock Incentive Plan.

Summary

• On January 1, 2025, Archie C. Black, a director of Graco Inc., acquired 296.6 shares of deferred stock.
• These shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
• The deferred stock will be settled 100% in Graco common stock upon Mr. Black's termination of service on the Board, either in a lump sum or installments.
• The acquisition was in lieu of quarterly retainer fees.
• The price of the deferred stock was $84.29.
• Mr. Black's total holdings of deferred stock shares now amount to 2,237.7733, including shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of deferred stock, which can be seen as a positive sign of confidence, but it's not a major event.

Positives

• The acquisition of deferred stock by a director signals confidence in the company's future performance.

Future Outlook

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company's stock.

Stakeholder Impact

• Shareholders may view the director's acquisition of deferred stock as a positive signal.

Key Dates