GGG.NYSEGraco INC

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

Sentiment:

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

DateDescription
04/01/2025Date 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

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.