Grasdal Inge 4

What Happened

• Inge Grasdal, Executive Vice President, Corporate Development at Graco Inc. (GGG), received a grant of stock options covering 17,770 shares on 2026-02-13. The Form 4 reports the award as a derivative acquisition with a reported price of $0.00 for the grant line (this reflects the grant reporting, not an exercise price or cash value). The grant was made under Graco’s Amended and Restated 2019 Stock Incentive Plan and is exempt under Rule 16b-3.

Key Details

• Transaction date: 2026-02-13 (Form 4 filed 2026-02-17). The filing appears timely (filed within the SEC’s two business-day window given the Presidents’ Day holiday).
• Grant: 17,770 shares (stock option award); reported as derivative (transaction code A).
• Reported per-share price on the Form 4: $0.00 for the grant line (this denotes award reporting; actual option exercise price is not provided in this excerpt).
• Vesting: Becomes exercisable in four equal annual installments, commencing one year after the grant date (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Exemption: The grant was made in a transaction exempt under Rule 16b-3 (standard for many executive equity awards).

Context

• This was an equity compensation grant (options), not an open-market purchase or sale. Such awards are commonly part of pay and retention programs and don’t by themselves indicate an insider view on near-term stock performance. The options vest over four years, so any potential economic exposure to the stock will depend on future vesting and any exercise decisions.