FERAGEN JODY H 4
4 · GRACO INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Graco (GGG) Director Jody Feragen Receives Stock Option Award
What Happened Jody H. Feragen, a director of Graco Inc. (GGG), received a stock option award covering 5,240 shares on February 13, 2026. The award is reported as a derivative grant with an acquisition price of $0.00 (no cash paid). This was an award (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-13; Form 4 filed 2026-02-17 (timely filing).
- Award: option covering 5,240 shares; reported acquisition price $0.00 (derivative).
- Vesting/exercise: becomes exercisable in four equal annual installments beginning one year after the grant (per filing footnote).
- Plan and exemption: granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3.
- Shares owned after transaction: not specified in the provided filing summary.
Context This is a standard director compensation award (the filing notes it is a nonemployee director award). An option grant is a derivative — it gives the right to buy shares in the future if and when the option is exercised and vested. Such awards are common for board compensation and do not represent an immediate purchase or sale of company stock.
Insider Transaction Report
- Award
Non-qualified Stock Option (Right to Buy)
[F1]2026-02-13+5,240→ 5,240 totalExercise: $94.28Exp: 2036-02-13→ Common Stock (5,240 underlying)
Footnotes (1)
- [F1]Nonemployee director stock option granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing one year after the date of the grant.