Form 4: Graco Inc. Director Brett C. Carter Reports Acquisition of Common Stock

Director Brett C. Carter reports acquiring 296 shares of Graco Inc. common stock in lieu of quarterly retainer fees.

Summary

• On January 1, 2025, Brett C. Carter, a director of Graco Inc., acquired 296 shares of common stock.
• The shares were received in lieu of quarterly retainer fees at a price of $84.29 per share.
• Following the transaction, Carter directly owns 3,709.358 shares of Graco Inc. common stock, which includes shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares is generally a good sign, indicating confidence in the company's future. However, the amount is relatively small and part of regular compensation.

Positives

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

Industry Context

Directors acquiring company stock is generally viewed positively, as it aligns their interests with those of shareholders. It's a common practice for directors to receive stock as part of their compensation.

Comparison to Industry Standards

• Director compensation packages often include stock options or grants to incentivize long-term value creation.
• Comparing Carter's stock ownership to that of directors at similar industrial companies like Illinois Tool Works (ITW) or Roper Technologies (ROP) could provide context on the magnitude of his stake.

Stakeholder Impact

• The transaction has a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates