Form 4: Graco Inc. Executive Peter J. O'Shea Executes Stock Option and Sells Shares

Graco Inc. executive Peter J. O'Shea exercised stock options and sold 15,000 shares of common stock on December 3, 2024.

Summary

• Peter J. O'Shea, a Graco Inc. executive, exercised a non-qualified stock option to acquire 15,000 shares of common stock at a price of $23.8467 per share on December 3, 2024.
• On the same day, Mr. O'Shea sold 15,000 shares of Graco Inc. common stock at a weighted average price of $91.0636 per share.
• The sale of shares resulted in a reduction of Mr. O'Shea's direct holdings of Graco Inc. common stock from 29,516.102 to 14,516.102 shares.
• Mr. O'Shea also holds 8,820 derivative securities in the form of non-qualified stock options.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Executive stock option exercises and sales are a common practice in publicly traded companies, particularly those with stock-based compensation plans.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement to ensure transparency and prevent insider trading.
• The price range of the sale ($91.00 to $91.1389) is typical for market transactions of this nature.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the normal course of executive compensation and trading.

Key Dates

Keywords

Graco Inc, stock options, insider trading, executive compensation, share sale, Form 4, Peter J. O'Shea