Black Archie C. 4

What Happened

• Archie C. Black, a director of Graco Inc. (GGG), received a deferred stock award on 2026-04-01: 295.33 deferred shares valued at $84.65 each, totaling $25,000. The transaction is recorded as an acquisition of a derivative award (grant).

Key Details

• Transaction date and price: 2026-04-01; 295.33 shares at $84.65 per share (total ~$25,000).
• Transaction type: Award/Grant of deferred stock (derivative), reported on Form 4 filed 2026-04-02.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Deferred shares accrued under the 2019 Stock Incentive Plan and will be settled 100% in Graco common stock in a lump sum or installments upon the director’s termination of service on the Board.
  • F2: These deferred shares were received in lieu of quarterly retainer fees.
  • F3: The reported share count includes deferred shares acquired under Graco’s Automatic Dividend Reinvestment Plan (DRIP), which is exempt under Rule 16a-11.
• Filing timeliness: Filing appears timely (Form 4 dated 2026-04-02 reporting the 2026-04-01 transaction).

Context

• This was a compensation-related award (deferred stock), not an open-market purchase or sale. Such grants are routine director compensation and are settled in company stock upon departure from the board per the plan terms. The transaction is informational and does not, by itself, indicate the director’s market view.