GRACO INC·4

Feb 17, 10:00 AM ET

O'Shea Peter J 4

Research Summary

AI-generated summary

Updated

Graco (GGG) President Peter O'Shea Receives Stock Option Award

What Happened

  • Peter J. O'Shea, President of Graco's Global Industrial Division, was granted a derivative award covering 17,770 shares on 2026-02-13. The grant is reported at $0.00 per share (no cash paid at grant); this is an option-type award rather than an open-market purchase.

Key Details

  • Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (filing appears timely).
  • Reported amount: 17,770 shares; reported price: $0.00 (derivative/option grant).
  • Shares owned after transaction: not disclosed in the provided excerpt.
  • Footnote: Grant made 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, beginning one year after the grant date.

Context

  • This was an option/award grant (derivative), not a cash purchase or immediate sale of shares. The award gives the right to acquire shares in the future as it vests; it does not represent immediate stock ownership or a sale. Such grants are common for employee compensation and do not by themselves indicate a buy or sell signal.