Form 4: Graco Inc. Director Van Sant Reports Acquisition of Deferred Stock

Director R William Van Sant acquired deferred stock in Graco Inc. under the company's 2019 Stock Incentive Plan.

Summary

• On April 1, 2024, R William Van Sant, a director of Graco Inc., acquired 263.48 shares of deferred stock.
• These shares were accrued under the Graco Inc. 2019 Stock Incentive Plan and will be settled in Graco common stock upon termination of service on the Board.
• The price of the deferred stock was $93.46 per share.
• Following the transaction, Van Sant beneficially owns 76,647.6522 shares of Graco Inc. deferred stock, which includes shares acquired under the Automatic Dividend Reinvestment Plan (DRIP).

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard insider transaction disclosure. The director's acquisition of deferred stock could be seen as a positive sign, but it's not a major event.

Positives

• The acquisition of deferred stock by a director signals confidence in the company's future performance.

Future Outlook

The deferred stock will be settled 100% in Graco common stock in a lump sum or installments upon the reporting person's termination of service on the Board.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.

Key Dates