LOWE DAVID M 4

What Happened David M. Lowe, Chief Financial Officer and Treasurer of Graco Inc. (GGG), received a grant/award of 32,150 derivative shares (stock options) on February 13, 2026. The grant is reported at $0.00 because this is an option award (not an open-market purchase or sale) and no exercise or cash transaction occurred.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (filed within the typical reporting window).
• Amount: 32,150 options granted; reported as acquisition code "A" (award/grant); price shown $0.00.
• Vesting: Options become exercisable in four equal annual installments, beginning one year after the grant (per plan footnote).
• Plan/Exemption: Granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and reported as exempt under Rule 16b-3.
• Shares owned after transaction: Not disclosed in this filing.

Context This was a stock option grant (a derivative award), not an exercise or sale—so no immediate proceeds or shares were delivered. The options vest over time, meaning any future share purchases or sales would depend on exercise and subsequent transactions. Grants to executives are a common form of compensation and do not by themselves indicate immediate buying or selling of company stock.