Form 4: Graco Inc. Director Martha A Morfitt Reports Stock Option Exercise and Resulting Beneficial Ownership

Director Martha A Morfitt reports exercising stock options and subsequent ownership of Graco Inc. shares.

Summary

• On March 28, 2025, Martha A Morfitt, a director of Graco Inc., exercised non-qualified stock options to acquire 16,320 shares of common stock at a price of $24.0667 per share.
• Following the transaction, Ms. Morfitt directly owns 219,027 shares of Graco Inc. common stock.
• She also indirectly owns 3,300 shares through trusts.
• The stock option was granted under the Graco Inc. 2015 Stock Incentive Plan and was fully exercisable on the transaction date.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of a routine transaction (stock option exercise).

Positives

• The exercise of stock options by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's exercise of stock options, which is a common occurrence.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the increase in the number of outstanding shares.

Key Dates

Keywords

Form 4, Graco Inc, Director, Stock Option, Beneficial Ownership, Securities, Transaction