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

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

Summary

• On April 1, 2024, Jody H Feragen, a director of Graco Inc., acquired 316.98 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 acquisition includes shares received in lieu of quarterly retainer fees and those acquired under the Automatic Dividend Reinvestment Plan (DRIP).
• Following the transaction, Feragen beneficially owns 10,656.7977 deferred stock shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through deferred stock shares. It's a routine transaction and doesn't indicate any significant positive or negative developments.

Positives

• The acquisition of deferred stock shares demonstrates the director's continued investment in the company.
• The deferred stock shares were accrued under the Graco Inc. 2019 Stock Incentive Plan, aligning director compensation with company performance.

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 insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their alignment with shareholder interests.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates the director's continued investment in the company.

Key Dates