Form 4: Graco Inc. Director Kevin J. Wheeler Reports Acquisition of Deferred Stock Shares

Director Kevin J. Wheeler reports acquiring deferred stock shares in Graco Inc. under the company's stock incentive plan.

Summary

• On April 1, 2025, Kevin J. Wheeler, a director of Graco Inc., reported acquiring 279.91 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 Mr. Wheeler's termination of service on the Board, either in a lump sum or installments.
• The shares were received in lieu of quarterly retainer fees.
• The price of the deferred stock shares was $83.51.
• Mr. Wheeler directly owns 6,772.9191 deferred stock shares following the reported transaction, which includes shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP).

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, aligning their interests with shareholders. It's a routine filing, so the impact is limited.

Positives

• The acquisition of deferred stock shares aligns the director's interests with the long-term performance of the company.
• The DRIP allows for continued investment in Graco common stock.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates the director's commitment to the company's success.

Key Dates

Keywords

Form 4, Graco Inc., Director, Kevin J. Wheeler, Deferred Stock Shares, Stock Incentive Plan, Beneficial Ownership, DRIP