Evanson Laura L 4
Research Summary
AI-generated summary
Graco (GGG) CMO Laura Evanson Receives Option Award
What Happened
- Laura L. Evanson, Executive Vice President and Chief Marketing Officer of Graco Inc. (GGG), received a derivative equity award (stock option) for 17,770 shares on February 13, 2026. The Form 4 lists an acquisition price of $0.00 because this is an option grant, not an immediate cash purchase or sale. The award does not represent exercised or sold shares.
Key Details
- Transaction date: 2026-02-13; filing date: 2026-02-17 (filed within the typical two-business-day window).
- Reported acquisition: 17,770 option shares; acquisition price shown as $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: Awarded under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and exempt under Rule 16b-3.
- Vesting: The option becomes exercisable in four equal annual installments, commencing one year after the grant date.
- No exercise or sale occurred; this is a compensation grant, not a market transaction.
Context
- Option grants are common executive compensation and do not necessarily signal immediate bullish or bearish sentiment; value depends on future exercise price and company performance. Because this is a grant (not a sale), there was no proceeds or taxable sale recorded at the time of the filing.