Form 4: Graco Inc. Director Jody H Feragen Executes Stock Option and Sells Shares

Director Jody H Feragen exercised stock options and sold shares of Graco Inc. common stock on March 11, 2024.

Summary

• On March 11, 2024, Jody H Feragen, a director of Graco Inc., exercised non-qualified stock options to acquire 12,870 shares of common stock at a price of $36.0867 per share.
• Simultaneously, Feragen sold 5,036 shares of Graco Inc. common stock at a weighted average price of $92.2895 per share, with prices ranging from $92.15 to $92.29.
• Following these transactions, Feragen beneficially owns 44,903.387 shares of Graco Inc. common stock.
• The stock option was granted on April 28, 2017, and becomes exercisable in four equal annual installments, commencing one year after the grant.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The director's actions don't necessarily indicate a strong positive or negative outlook for the company.

Positives

• The exercise of stock options indicates confidence in the company's future performance.
• The director still holds a significant number of shares after the sale, aligning their interests with those of other shareholders.

Negatives

• The sale of shares by a director could be interpreted negatively by some investors, although it is a relatively small portion of their holdings.

Risks

• There are no specific risks mentioned in this document.
• However, insider sales can sometimes create uncertainty in the market.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders' perception of the company.
• The disclosure ensures transparency, which is beneficial for all stakeholders.

Key Dates