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

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 October 1, 2024, Archie C. Black, a director of Graco Inc., acquired 285.68 deferred stock shares.
• These shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
• The deferred stock shares 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 shares were received in lieu of quarterly retainer fees.
• The reporting person directly owns 1,935.6168 deferred stock shares.
• The price of the stock was $87.51.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of shares by a director could be seen as a positive sign, but it's not a major event.

Positives

• The acquisition of deferred stock shares by a director signals confidence in the company's future performance.
• The Graco Inc. Amended and Restated 2019 Stock Incentive Plan incentivizes board members.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies.

Stakeholder Impact

• The acquisition of deferred stock shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates