Form 4: Graco Inc. Executive Peter J. O'Shea Executes Stock Option and Sells Shares
SEC Form 4 Filing
Graco Inc. executive Peter J. O'Shea exercised stock options and sold shares on November 14, 2024.
Summary
- Peter J. O'Shea, a Graco Inc. executive, engaged in transactions involving the company's stock on November 14, 2024.
- He acquired 18,075 shares of common stock through the exercise of non-qualified stock options at a price of $24.7934 per share.
- Concurrently, he sold 18,075 shares of common stock at a weighted average price of $88.7574 per share.
- The sale price ranged from $88.66 to $88.8647 per share.
- Following these transactions, Mr. O'Shea directly owns 14,516.102 shares of Graco Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing standard executive stock transactions, which is neither positive nor negative.
Industry Context
This is a routine filing related to executive stock transactions and is common for publicly traded companies.
Comparison to Industry Standards
- Executive stock option exercises and sales are a standard practice in publicly traded companies.
- The reporting of these transactions via SEC Form 4 is a regulatory requirement to ensure transparency.
- The price range of the sale is within the typical market fluctuations for a company like Graco Inc.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are routine executive stock activities.
- The sale of shares by an executive may be viewed neutrally by the market.
Key Dates
| Date | Description |
|---|---|
| 11/14/2024 | Date of stock option exercise and share sale by Peter J. O'Shea. |
| 11/18/2024 | Date of signature on the Form 4 filing. |
| 02/13/2025 | Expiration date of the non-qualified stock option. |
Keywords
Graco Inc., stock options, insider trading, executive stock, share sale, Form 4, stock purchase plan
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