Merengo Claudio 4

What Happened

• Claudio Merengo, President, Global Powder Division at Graco Inc. (GGG), was granted stock options covering 17,770 shares on February 13, 2026. The options were issued with an acquisition price of $0.00 in this Form 4 reporting entry (derivative award); there is no immediate cash outlay or sale reported.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (filing is timely).
• Grant size: 17,770 stock options; reported price: $0.00; reported value shown as $0 (derivative award).
• Vesting: Per footnote F1, options vest in four equal annual installments, beginning one year after grant.
• Exemption: Grant made under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and reported as exempt under SEC Rule 16b-3 (routine compensatory award).
• Shares owned after transaction: not specified in the provided filing.

Context

• This is a compensatory stock option grant, not an open-market purchase or sale. Options vest over time and do not represent immediately tradable shares until exercised and any vesting/holding requirements are met.
• Such awards are common for employee compensation; they are informative about company pay practices but do not, by themselves, indicate the insider is buying or selling stock in the market.