LOWE DAVID M 4

What Happened

• David M. Lowe, CFO and Treasurer of Graco Inc. (GGG), exercised employee stock options on 2026-02-09. The filing shows 3,000 shares acquired at an exercise price of $23.85 (total reported value $71,540). The same filing reports 3,000 shares as disposed (reported at $0.00) in a derivative transaction.
• The option grant is described in the footnote as an employee stock option under the Graco Inc. 2015 Stock Incentive Plan, fully exercisable, and the transaction was exempt under Rule 16b-3.

Key Details

• Transaction date: 2026-02-09; Filing date: 2026-02-10 (reporting appears timely).
• Acquired: 3,000 shares at $23.85 each — total reported $71,540.
• Disposed: 3,000 shares reported as derivative disposal at $0.00.
• Footnote: F1 — option granted under 2015 Stock Incentive Plan; fully exercisable; transaction exempt under Rule 16b-3.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

• This filing documents an option exercise (transaction code M). The disposal of 3,000 shares at $0.00 is reported but the form does not specify the settlement method (e.g., share withholding for taxes, net-share settlement, or other internal settlement); those mechanics are common in option exercises but are not detailed here.
• As with most officer option exercises, the transaction itself is routine and does not, by itself, signal management’s view of the stock; retail investors should consider this alongside other insider activity and company fundamentals.