Form 4: Graco Inc. Director Jody H. Feragen Reports Stock Option Grant

Director Jody H. Feragen reports the grant of non-qualified stock options in Graco Inc.

Summary

• Jody H. Feragen, a director of Graco Inc., filed a Form 4 on February 18, 2025, reporting a transaction.
• On February 14, 2025, Ms. Feragen was granted non-qualified stock options to purchase 4,980 shares of Graco Inc. common stock at an exercise price of $86.06 per share.
• The options vest in four equal annual installments, starting one year from the grant date, and expire on February 14, 2035.
• Ms. Feragen also has a power of attorney designating Joseph J. Humke, Alexander P. Kingsley, David M. Lawrence, and David M. Lowe to act on her behalf for SEC filings.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating a stable and well-governed company. The sentiment is neutral to positive.

Positives

• The grant of stock options aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment to the company.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

Stock option grants are a common form of executive compensation in publicly traded companies, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Stock option grants are a standard component of executive compensation packages in publicly traded companies like Graco Inc.
• Companies such as Illinois Tool Works (ITW) and Dover Corporation (DOV), which operate in similar industrial sectors, also utilize stock options as part of their executive compensation plans.
• The vesting schedule of four years is typical for such grants, aligning with industry norms for incentivizing long-term performance.

Stakeholder Impact

• The stock option grant incentivizes the director to work towards increasing shareholder value.
• Employees may view the grant as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

Form 4, stock options, director, Graco Inc., GGG, insider trading, beneficial ownership, Jody H. Feragen