Form 4: Graco Inc. Director Stock Award Details

Heather L. Anfang, a Director at Graco Inc., received deferred stock shares in lieu of quarterly retainer fees on July 1, 2026.

Summary

• Heather L. Anfang, a Director at Graco Inc. (GGG), reported a transaction on July 1, 2026.
• She received 352.81 deferred stock shares as compensation for her services.
• These shares were acquired under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.
• The deferred stock shares are to be settled in Graco common stock upon termination of service on the Board.
• The reported value of the deferred stock shares is $75.61 per share.
• The total number of deferred stock shares beneficially owned by Ms. Anfang after this transaction is 3,865.0873.
• This total includes shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine director compensation and does not provide performance metrics or strategic updates.

Positives

• Director compensation is being settled in company stock, aligning management interests with shareholders.
• The use of a stock incentive plan suggests a commitment to retaining experienced leadership.
• The inclusion of DRIP acquisitions indicates continued reinvestment by the director.

Negatives

• The filing details a compensation event rather than a performance-driven outcome, offering limited insight into company performance.

Risks

• The value of deferred compensation is subject to stock price fluctuations.
• Potential for conflicts of interest if compensation structures are not carefully managed.

Future Outlook

The deferred stock shares are to be settled in Graco common stock upon the reporting person's termination of service on the Board, indicating a future distribution of equity.

Industry Context

StockSavvy.ai notes that the issuance of deferred stock to directors is a common practice in the industrial manufacturing sector, aiming to retain key leadership and align their financial interests with long-term company performance.

Comparison to Industry Standards

• Many companies in the industrial sector, including competitors of Graco Inc. such as Illinois Tool Works (ITW) and Stanley Black & Decker (SWK), utilize similar stock-based compensation plans for their directors and executives to foster long-term commitment and performance alignment.

Related Party Transactions

• The transaction involves a director receiving compensation in the form of deferred stock, which is a related party transaction.

Stakeholder Impact

• Shareholders: The issuance of stock to directors aligns their interests with shareholders, but also dilutes ownership slightly. The value of their holdings is tied to the company's stock performance.
• Employees: This filing does not directly impact employees, but the overall compensation strategy for leadership can influence company culture and performance.
• Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

• Settlement of deferred stock shares in Graco common stock upon reporting person's termination of service on the Board.

Key Dates

Keywords

Graco Inc., GGG, Form 4, SEC Filing, Director Compensation, Deferred Stock, Stock Incentive Plan, Beneficial Ownership, Heather L. Anfang