Knutson Christopher D. 4

What Happened

• Christopher D. Knutson, EVP, Controller and Chief Accounting Officer of Graco Inc. (GGG), received a grant of stock options covering 8,460 shares on February 13, 2026.
• The grant is reported as a derivative award at $0.00 per share (no cash paid); the filing shows an award/grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-13. Report filed 2026-02-17 (appears timely).
• Award size: options on 8,460 shares; reported acquisition price $0.00 (award/grant).
• Post-transaction beneficial ownership: not specified in the provided filing summary.
• Footnote: Grant made under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and exempt under Rule 16b-3. Options vest in four equal annual installments, beginning one year after the grant date.

Context

• This was an option grant (derivative award), not an immediate purchase of shares. Options typically vest over time and only provide equity if exercised and converted to shares.
• Such grants are common as compensation for executives; they do not by themselves represent a buy or sell market signal until exercised or sold.