Etchart Eric 4

What Happened

• Eric Etchart, a director of Graco Inc. (GGG), received a deferred stock award (transaction code A) on 2026-04-01 for 145.45 shares at $84.65 per share, valued at $12,312. The award is recorded as a derivative grant rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-01 — 145.45 shares @ $84.65 each (total $12,312).
• Transaction type: Award / deferred stock (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and will be settled 100% in Graco common stock in a lump sum or installments upon Etchart’s termination of Board service.
  • F2: These deferred shares were received in lieu of the quarterly retainer fee.
  • F3: The total includes shares acquired under Graco’s Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.
• Filing timeliness: Reported on 2026-04-02 for a 2026-04-01 event (appears timely).

Context

• Deferred stock awards are a form of compensation, not an open-market buy (often intended for retention or tax/administrative purposes). These shares are to be converted to common stock upon Etchart’s departure from the Board, so they are not immediately tradable. This transaction does not by itself indicate the director’s short-term market view.