Form 4: Graco Inc. Executive Timothy R. White Reports Stock Option Grant

Timothy R. White, Pres, Expansion Division at Graco Inc., reports the grant of non-qualified stock options.

Summary

• On February 14, 2025, Timothy R. White, Pres, Expansion Division of Graco Inc., was granted 18,700 non-qualified stock options.
• The options have an exercise price of $86.06.
• The options become exercisable in four equal annual installments, starting one year after the grant date.
• The options expire on February 14, 2035.
• A power of attorney was executed on January 3, 2025, authorizing Joseph J. Humke, Alexander P. Kingsley, David M. Lawrence, and David M. Lowe to act on behalf of Timothy R. White for SEC filings.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of executive compensation.

Positives

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

Future Outlook

NA

Industry Context

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

Comparison to Industry Standards

• Executive compensation packages, including stock options, vary significantly across industries and company sizes.
• Benchmarking against peer companies in the industrial manufacturing sector would provide a more detailed assessment of the grant's value and structure.
• Companies like Illinois Tool Works (ITW) and Stanley Black & Decker (SWK) are comparable companies that also use stock options as part of their executive compensation.

Stakeholder Impact

• The stock option grant could incentivize the executive to improve company performance, benefiting shareholders.
• Employees may view the grant as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

stock options, Form 4, Graco Inc, insider trading, beneficial ownership, Timothy R. White, GGG