White Timothy R 4

What Happened

• Timothy R. White, President of Graco’s Expansion Division, was granted a stock option award for 17,770 shares on February 13, 2026. The filing shows an acquisition-type derivative grant (code A) at $0.00 per share, meaning no cash was paid at grant. This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-13; Filing date (Form 4): 2026-02-17.
• Grant size: 17,770 share-equivalents; reported price: $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing data.
• Footnote: Award granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and is exempt under Rule 16b-3.
• Vesting: The option becomes exercisable in four equal annual installments, beginning one year after grant (25% vests each year thereafter).
• Timeliness: Filed four days after the grant; per the filing date this appears to meet the usual two-business-day Form 4 timing requirement (the filing lists Feb 17, 2026).

Context

• This was a grant of options (a derivative compensation award), not an immediate purchase or sale; no shares were sold or bought on the open market as part of this report. Such awards are routine executive compensation and do not by themselves signal that the insider has bought or sold stock. Vesting over four years means any future ownership or sales will depend on later exercise and/or dispositions.