GRACO INC·4

Feb 9, 1:25 PM ET

Wordell Angela F 4

Research Summary

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Graco (GGG) EVP Angela Wordell Exercises Options, Sells 2,832 Shares

What Happened

  • Angela F. Wordell, EVP, Chief Operating & Supply Chain Officer at Graco Inc., exercised stock options to acquire 2,832 shares at a $30.35 exercise price (cost basis $85,942) on 2026-02-06 and then sold 2,832 shares in an open-market transaction the same day at a weighted average price of $93.22 for total proceeds of $263,993. The filing also reports a derivative disposition of 2,832 shares at $0 in connection with the transactions.

Key Details

  • Transaction date: 2026-02-06 (Form 4 filed 2026-02-09 — filing appears timely)
  • Exercise: 2,832 shares @ $30.35 (acquired), reported value $85,942
  • Sale: 2,832 shares @ weighted avg $93.22 (range $93.21–$93.24) — proceeds $263,993 (footnote notes weighted-average sale price; exact breakdown available on request)
  • Derivative disposition: 2,832 shares reported at $0 (reported as a separate line)
  • Shares owned after transaction: Not specified in the provided filing data
  • Footnotes: F1 notes some shares were acquired under Graco’s 2006 ESPP (exempt under Rule 16b-3); F3 notes the option was granted under the 2015 Stock Incentive Plan and is fully exercisable.

Context

  • This is effectively a cashless exercise: the insider exercised options and sold the resulting shares the same day. Such transactions are common for executives to realize gains or cover option costs and do not, by themselves, imply a change in company outlook.
  • The sale was an open-market transaction; no 10b5-1 plan or gift is indicated in the provided footnotes.