Form 4: Graco Inc. Director Jody H Feragen Reports Acquisition of Deferred Stock

Director Jody H Feragen reports acquiring deferred stock shares in Graco Inc. under the company's 2019 Stock Incentive Plan.

Summary

• On July 1, 2024, Jody H Feragen, a director of Graco Inc., acquired 373.68 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 deferred stock shares were received in lieu of quarterly retainer fees.
• The reporting person directly owns 11,063.8738 deferred stock shares.
• The price of the deferred stock is $79.28.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of deferred stock aligns the director's interests with the long-term performance of Graco Inc.

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 filing is a routine disclosure of a director's stock acquisition, common in publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• The acquisition of deferred stock by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Key Dates