Form 4: Graco Inc. Executive Timothy R. White Reports Stock Sale
SEC Form 4 Filing
Timothy R. White, Pres. of Worldwide Process Div at Graco Inc., reports selling 2,500 shares of common stock at $92.8209 per share.
Summary
- On March 8, 2024, Timothy R. White, the President of the Worldwide Process Division of Graco Inc., sold 2,500 shares of Graco's common stock.
- The sale price was $92.8209 per share.
- Following the transaction, White directly owns 48,281.6977 shares of common stock.
- White also indirectly owns 2,490.5288 shares through the Employee Stock Ownership Plan (ESOP).
Sentiment
Score: 5
Explanation: Neutral. This is a standard regulatory filing for an insider stock sale. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale by an executive may or may not reflect a change in sentiment about the company's prospects.
Stakeholder Impact
- The sale of shares by an executive could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock sale transaction |
| 03/11/2024 | Date of signature on the Form 4 filing |
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