Anfang Heather L 4

What Happened Heather L. Anfang, a nonemployee director of Graco Inc. (GGG), was granted a stock option award for 5,240 shares on February 13, 2026. The Form 4 lists the acquisition as a derivative award with an acquisition price of $0.00 (i.e., an option grant rather than an open‑market purchase or sale). The grant is exempt under Rule 16b-3 and becomes exercisable in four equal annual installments beginning one year after the grant date. The Form 4 was filed on February 17, 2026 (four days after the transaction date).

Key Details

• Transaction date: 2026-02-13; Filing date: 2026-02-17 (filed 4 days after the grant).
• Instrument and amount: Stock option award for 5,240 shares; acquisition price shown as $0.00 (derivative).
• Shares owned after transaction: Not specified in the provided excerpt—see the full Form 4 for total beneficial ownership.
• Footnote F1: Grant is a nonemployee director stock option under Graco’s 2019 Stock Incentive Plan; vests in four equal annual installments starting one year after grant; transaction exempt under Rule 16b-3.
• Timeliness: Filing appears late relative to the typical two-business-day Form 4 deadline (filed 4 days after the transaction).

Context This was an equity compensation grant (option award) to a director — not an immediate cash purchase or sale. The option only becomes exercisable as it vests, and no shares are acquired for cash until exercise (if and when she exercises). Director awards like this are common as part of nonemployee director compensation and do not, by themselves, indicate buying or selling sentiment. Check the full Form 4 for details on exercise price, total beneficial ownership, and any additional terms.