GRACO INC 8-K

What Happened
Graco Inc. (GGG) filed an 8-K on April 27, 2026 reporting the final voting results from its April 24, 2026 Annual Meeting of Shareholders (see the 2026 Proxy Statement filed March 11, 2026). Four directors were elected to three‑year terms, Deloitte & Touche LLP was ratified as the independent registered public accounting firm for fiscal 2026, and the advisory vote on executive compensation (say‑on‑pay) was approved by shareholders.

Key Details

• Director elections (three‑year terms):
  • Martha A. Morfitt — For: 106,863,596; Against: 28,824,596; Abstain: 122,114; Broker Non‑Votes: 9,590,164
  • Mark W. Sheahan — For: 132,724,160; Against: 2,951,700; Abstain: 134,446; Broker Non‑Votes: 9,590,164
  • Andrea H. Simon — For: 132,597,162; Against: 3,074,266; Abstain: 138,878; Broker Non‑Votes: 9,590,164
  • Kevin J. Wheeler — For: 122,499,664; Against: 13,190,197; Abstain: 120,445; Broker Non‑Votes: 9,590,164
• Auditor ratification (Proposal 2): Deloitte & Touche LLP ratified — For: 136,856,929; Against: 8,452,772; Abstain: 90,769.
• Advisory vote on executive compensation (Proposal 3): Approved — For: 92,678,242; Against: 42,778,401; Abstain: 353,663; Broker Non‑Votes: 9,590,164. The Management Organization and Compensation Committee said it will consider these results and engage with key shareholders during 2026.

Why It Matters
These votes confirm the company’s board makeup and its auditor for fiscal 2026, which are key governance items investors monitor. The advisory approval of executive compensation passed but had substantial opposition (over 40 million votes against), and the Compensation Committee plans shareholder engagement — investors may watch for any resulting changes to pay practices or disclosures.