Schoenrock Kathryn L 4

What Happened

• Kathryn L. Schoenrock, Executive Vice President and Chief Information Officer of Graco Inc. (GGG), received a grant of 17,770 stock options on February 13, 2026. The grant is reported as a derivative award (transaction code A) with an acquisition price of $0.00, indicating an option grant rather than a cash purchase.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (filed within the required reporting window).
• Award: 17,770 stock options (derivative security); reported price $0.00.
• Vesting: Becomes exercisable in four equal annual installments beginning one year after the grant (per filing footnote).
• Plan/Exemption: Granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan; transaction exempt under Rule 16b-3 (typical for employee awards).
• Shares owned after transaction: Not specified in the summary provided (see the Form 4 for total holdings and post-transaction ownership).

Context

• This was an option award, not a sale or open-market purchase: no immediate cash proceeds or share sale occurred. Options only convert to shares if and when exercised after vesting, so this grant represents potential future equity rather than immediate ownership or liquidity.