White Timothy R 4
4 · GRACO INC · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Graco (GGG) President Timothy White Exercises Options, Sells 1,469 Shares
What Happened
Timothy R. White, President, Expansion Division at Graco Inc. (GGG), exercised 1,469 stock options on 2026-02-04 at a strike price of $23.85 (total exercise cost $35,036) and then sold the 1,469 underlying shares in an open-market transaction the same day for a weighted-average price of $90.70, generating gross proceeds of $133,233. The filing also lists the option conversion/settlement (derivative) related to the exercise.
Key Details
- Transaction date: 2026-02-04; Form filed 2026-02-06 (timely filing).
- Exercise: 1,469 shares at $23.85 each; total exercise cost reported $35,036.
- Sale: 1,469 shares sold, weighted-average sale price $90.70; total proceeds $133,233. Sale prices ranged $90.69–$90.71 (footnote).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: F1 notes DRIP shares are included where applicable (Rule 16a-11); F2 gives the sale price range and offer to provide per-price breakdown; F3 indicates the option was granted under the Graco 2015 Stock Incentive Plan and is fully exercisable (exempt under Rule 16b-3).
Context
This is a common “exercise-and-sell” (cashless exercise) transaction: the insider exercised stock options and sold the resulting shares immediately, locking in the spread between the market price and the strike. Such transactions are typically liquidity events rather than a clear bullish or bearish signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-04$23.85/sh+1,469$35,036→ 52,898.982 total - Sale
Common Stock
[F2]2026-02-04$90.70/sh−1,469$133,233→ 51,429.982 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
[F3]2026-02-04−1,469→ 0 totalExercise: $23.85Exp: 2026-02-12→ Common Stock (1,469 underlying)
- 2,555.037(indirect: Common Stock (By ESOP))
Common Stock
Footnotes (3)
- [F1]Included in the amount reported are shares of Graco common stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $90.69 to $90.71, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- [F3]Employee stock option granted pursuant to the Graco Inc. 2015 Stock Incentive Plan in transaction exempt under Rule 16b-3. The stock option is fully exercisable.