Simon Andrea Helen 4

What Happened

• Director Simon Andrea Helen was granted a stock option covering 5,240 shares on February 13, 2026. The grant is recorded as a derivative award with an acquisition price of $0.00 (no immediate cash paid or received).
• This is a compensation award (not an open‑market purchase or sale). The option gives the right to acquire shares in the future if exercised; it is not an immediate stock purchase or sale.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (four days after the transaction).
• Grant size: option covering 5,240 shares; reported acquisition price $0.00; reported total value at grant: $0 (derivative award).
• Vesting/exercise: per the filing footnote, the option vests in four equal annual installments, beginning one year after the grant.
• Plan and exemption: granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and reported as exempt under Rule 16b-3.
• Shares owned after transaction: not disclosed in the provided filing.

Context

• This is a stock option grant to a nonemployee director — a routine form of compensation. The grant itself has no immediate cash value; any future value depends on Graco's stock price appreciation and whether/when the option is exercised and shares are sold.
• Because this is a derivative (option) award with multi‑year vesting, it signals potential future ownership but does not reflect an immediate increase in market‑exposed shares. Investors should note vesting and exercise terms when assessing insider incentives.