Form 4: Graco Inc. Director Etchart Acquires Deferred Stock Shares

Director Eric Etchart acquired deferred stock shares in Graco Inc. under the company's 2019 Stock Incentive Plan.

Summary

• On April 1, 2024, Eric Etchart, a director of Graco Inc., acquired 263.48 shares of deferred stock.
• 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 acquisition includes shares received in lieu of quarterly retainer fees and those acquired under the Automatic Dividend Reinvestment Plan (DRIP).
• Following the transaction, Etchart beneficially owns 14,950.2172 deferred stock shares.

Sentiment

Score: 7

Explanation: The document reflects a routine insider transaction, indicating continued investment by a director, which is generally viewed positively.

Positives

• The acquisition of deferred stock demonstrates the director's continued investment in the company.
• The DRIP participation shows long-term commitment.

Future Outlook

The deferred stock shares will be settled in Graco common stock upon the director's termination of service on the Board.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The director's investment may signal confidence in the company's future performance.

Key Dates