Form 4: Graco Inc. Director Jody H Feragen Reports Acquisition of Deferred Stock Shares
SEC Form 4 Filing
Director Jody H Feragen reports acquiring deferred stock shares in Graco Inc. under the company's stock incentive plan.
Summary
- On April 1, 2025, Jody H Feragen, a director of Graco Inc., acquired 354.75 deferred stock shares.
- These shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
- The deferred stock shares will be settled 100% in Graco common stock upon termination of service on the Board, either in a lump sum or installments.
- The acquisition was in lieu of quarterly retainer fees.
- The reporting person directly owns 12,215.3578 deferred stock shares, which includes shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of deferred stock shares aligns the director's interests with those of the shareholders.
- Participation in the DRIP demonstrates a long-term investment perspective.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: acquisition of deferred stock shares. |
Keywords
Graco Inc., Director, Jody H Feragen, Deferred Stock Shares, Stock Incentive Plan, DRIP, Form 4, Beneficial Ownership
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