Form 4: Graco Inc. Executive David J. Thompson Acquires Stock Options

David J. Thompson, Pres, Global Contractor Divis at Graco Inc., was granted 18,700 non-qualified stock options on February 14, 2025, exercisable in installments starting one year from the grant date.

Summary

• On February 14, 2025, David J. Thompson, Pres, Global Contractor Divis of Graco Inc., acquired 18,700 non-qualified stock options.
• The options have an exercise price of $86.06.
• The options become exercisable in four equal annual installments, commencing one year after the grant date.
• The options expire on February 14, 2035.
• A power of attorney was executed on January 15, 2025, appointing Joseph J. Humke, Alexander P. Kingsley, David M. Lawrence, and David M. Lowe as attorneys-in-fact to handle securities filings.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of stock options is a standard practice and suggests confidence in the executive's ability to contribute to the company's success.

Positives

• The grant of stock options aligns the executive's interests with those of the shareholders.

Future Outlook

The stock options vest over four years, incentivizing the executive to contribute to the company's long-term success.

Industry Context

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

Key Dates

Keywords

stock options, Form 4, Graco Inc., David J. Thompson, insider trading, securities, executive compensation