Black Archie C. 4

What Happened

• Archie C. Black, a nonemployee director of Graco Inc. (GGG), was granted a stock option award for 5,240 shares on 2026-02-13. The grant is reported as a derivative award at a $0.00 acquisition price (i.e., an option grant, not a cash purchase or sale).

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (timely).
• Amount: option grant covering 5,240 shares; reported price $0.00 (award/grant).
• Vesting: option becomes exercisable in four equal annual installments, commencing one year after the grant (per filing footnote).
• Exemption: grant made pursuant to Graco’s Amended and Restated 2019 Stock Incentive Plan and reported as exempt under Rule 16b-3 (common for director awards).
• Shares owned after transaction: not specified in the filing.

Context

• This was a grant of stock options (a derivative award), not an exercise or sale — Black did not acquire shares outright at the time of the grant. Options typically require vesting and exercise before converting to owned shares and may have strike prices and other terms not detailed here.
• Director option grants are routine compensation for board service and do not by themselves indicate a buy/sell signal.