Graco (GGG) EVP Ronita Banerjee Receives Stock Option Award

What Happened
Ronita Banerjee, Executive Vice President and Chief HR Officer of Graco Inc., was granted a stock option award covering 17,770 shares on February 13, 2026. The grant is recorded as a derivative acquisition with an acquisition price of $0 (standard for option grants); the reported acquisition value is $0. This is an award/compensation grant (not a market purchase or sale).

Key Details

• Transaction date: 2026-02-13. Form 4 filed: 2026-02-17.
• Instrument: Stock option grant (derivative). Reported as 17,770 shares acquired at $0.00.
• Vesting: Options become exercisable in four equal annual installments, commencing one year after the grant (per filing footnote).
• Footnote: Grant made under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and exempt under Rule 16b-3 (routine compensatory grant to an executive).
• Shares owned after the transaction: Not specified in the provided filing.

Context

• This was a compensation award (option grant), not an immediate purchase or sale. It does not indicate an exercised option or an immediate cashless sale.
• Such grants are common for executive compensation and reflect long-term incentive alignment rather than an immediate market sentiment signal.
• The filing does not provide strike price or the option’s exercise terms beyond the vesting schedule; those details may appear in other company disclosures or plan documents.