Etchart Eric 4

What Happened

• Eric Etchart, a director of Graco Inc. (GGG), was granted a stock option award covering 5,240 shares on February 13, 2026. The Form 4 reports the acquisition value as $0.00 because this is an option grant (derivative), not an immediate purchase of shares. No shares were sold.

Key Details

• Transaction type: Award/Grant (code A) — stock option grant.
• Transaction date: 2026-02-13. Form 4 filed: 2026-02-17, 2026 (no late filing indicated in the report).
• Reported acquisition: 5,240 shares; reported acquisition price/value: $0.00 (reflects grant of options, not cash paid).
• Shares owned after transaction: not specified in the provided summary.
• Footnote: The grant is a nonemployee director stock option under the Graco Inc. Amended & Restated 2019 Stock Incentive Plan and was made in a transaction exempt under Rule 16b-3.

Context

• This filing documents an option grant, not an immediate purchase or sale. The footnote states the option becomes exercisable in four equal annual installments beginning one year after the grant (standard vesting). Because it’s a director compensation grant, it’s commonly routine and does not by itself signal immediate buying or selling intent. Future exercises or sales would generate additional Form 4s with economic impact.