Form 4: Graco Inc. Executive Exercises Stock Options and Sells Shares

Caroline M. Chambers, President of EMEA at Graco Inc., exercised stock options and sold shares on December 3, 2024.

Summary

• Caroline M. Chambers, President of EMEA at Graco Inc., executed a transaction involving Graco common stock on December 3, 2024.
• She exercised non-qualified stock options to acquire 8,280 shares at a price of $24.7934 per share.
• Concurrently, she sold 8,280 shares at a price of $90.57 per share.
• Following these transactions, Ms. Chambers directly owns 57,611.9717 shares of Graco common stock.
• The transactions also included shares acquired through the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to executive stock option exercises and sales, which is common practice in publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Executive stock option exercises and sales are a standard part of compensation packages in publicly traded companies.
• The timing and pricing of these transactions are often governed by pre-arranged plans to avoid accusations of insider trading.
• The specific details of the Graco Inc. 2010 Stock Incentive Plan would need to be compared to similar plans at peer companies to assess its competitiveness.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares relative to the total outstanding shares.
• The transaction is part of the executive's compensation and does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Graco Inc, stock options, insider trading, Form 4, executive compensation, share sale, stock incentive plan, dividend reinvestment plan