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

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

Summary

• On April 1, 2024, Archie C. Black, a director of Graco Inc., reported the acquisition of 267.49 deferred stock shares.
• These shares were accrued under the Graco Inc. 2019 Stock Incentive Plan and will be settled in Graco common stock upon termination of service on the Board.
• The shares were received in lieu of quarterly retainer fees.
• The reporting person directly owns 1,325.1441 deferred stock shares.
• The price of the stock was $93.46.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It reflects compensation practices for board members.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves deferred stock compensation for a director.
• It provides transparency regarding insider ownership.

Key Dates