Schoenrock Kathryn L 4

What Happened

• Kathryn L. Schoenrock, Executive Vice President & Chief Information Officer of Graco Inc. (GGG), executed option-related transactions on Feb 2, 2026. She exercised 3,336 shares at a $23.85 strike (total cost $79,553) and sold 2,223 shares in an open-market transaction for approximately $195,760 (weighted average sale price reported as $88.06).
• The filing also reports a derivative disposition of 3,336 shares at $0.00 (reported as related to the exercise). The filing does not specify the exact reason for the $0.00 derivative entry.

Key Details

• Transaction date: Feb 2, 2026; Form 4 filed Feb 4, 2026.
• Exercise (M): 3,336 shares @ $23.85 = $79,553 (acquired).
• Open-market sale (S): 2,223 shares @ weighted avg $88.06 ≈ $195,760; sale prices ranged $88.00–$88.124 (footnote F2).
• Derivative disposition (M): 3,336 shares @ $0.00 (reported as disposed; see context).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: References shares from the employee stock purchase plan and dividend reinvestment plan (exempt transactions).
  • F2: Weighted-average sale price and price range for the open-market sale; reporting person will provide breakdown on request.
  • F3: Option granted under Graco’s 2015 Stock Incentive Plan; option is fully exercisable.
• Filing timeliness: Filed Feb 4, 2026 (the Form 4 lists a Feb 2, 2026 transaction date and was filed two days later).

Context

• This sequence (exercise of options plus immediate sale of some shares) is common when insiders exercise equity awards and sell some shares to cover exercise costs or tax withholding. The filing’s $0.00 derivative disposition typically reflects shares surrendered or net-settled in connection with the exercise, but the form here does not state the precise purpose.
• These transactions are factual records of insider activity; they do not, by themselves, indicate company performance or insider intent.