Thompson David J 4

What Happened

• David J. Thompson, President, Global Contractor Division of Graco Inc. (GGG), was granted stock options covering 17,770 shares on February 13, 2026. The grant is recorded as a derivative award at $0.00 per share (no cash paid at grant).

Key Details

• Transaction date: 2026-02-13; filing date: 2026-02-17 (appears timely within the standard two-business-day window).
• Award: 17,770-share employee stock option grant; reported price $0.00 (grant, not a purchase or sale).
• Vesting: option becomes exercisable in four equal annual installments, commencing one year after the grant (per footnote).
• Exemption: granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and reported as exempt under Rule 16b-3.
• Shares owned after the transaction: not specified in the filing.

Context

• This was a compensation grant (an option award), not an open-market purchase or sale — such awards are routine for executives and do not by themselves indicate immediate buying or selling of shares.
• The option vests over four years (beginning one year after grant); only vested portions can be exercised according to the schedule. No exercise or sale occurred in this filing.