O'Shea Peter J 4

What Happened
Peter J. O'Shea, President of Graco's Global Industrial Division, exercised 8,820 stock options and immediately sold those 8,820 shares on Feb 2, 2026. The options were exercised at a weighted price of $23.85 for a total exercise cost of $210,328, and the open-market sale fetched about $777,007 (weighted avg $88.10).

Key Details

• Transaction date: 2026-02-02.
• Exercise: 8,820 shares at $23.85 per share (total cost reported $210,328). (Footnote F3: option granted under Graco 2015 Stock Incentive Plan; fully exercisable.)
• Sale: 8,820 shares sold in the open market for a weighted average price of $88.10 (range $88.03–$88.22), total proceeds ~$777,007. (Footnote F2: weighted-average price/range disclosure.)
• Derivative disposition: the derivative (option) shows as disposed at $0.00—consistent with exercising the option and selling the resulting shares (cashless exercise).
• Footnote F1: filing notes some shares were acquired under Graco’s 2006 Employee Stock Purchase Plan and are exempt under Rule 16b-3.
• Shares owned after the transaction: not specified in the filing.
• Filing timeliness: report filed on the same date as the transactions (no late filing indicated).

Context
This is a common cashless exercise pattern: an insider exercises options and sells the shares immediately, converting equity compensation into cash. Such transactions are administrative and do not necessarily signal the insider’s view of the company's near-term prospects.