GRACO INC·4

Jul 1, 11:27 AM ET

Etchart Eric 4

Research Summary

AI-generated summary

Updated

Graco (GGG) Director Eric Etchart Receives Award of 173.92 Shares

What Happened

  • Eric Etchart, a member of Graco Inc.'s Board of Directors, received a deferred stock award of 173.92 shares on July 1, 2026. The award is reported as a derivative acquisition valued at $75.61 per share, totaling approximately $13,150. This was an award/deferred compensation issuance rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-07-01; Price used for valuation: $75.61 per share; Total value reported: ~$13,150.
  • Transaction type/code: A (award/acquisition; derivative instrument — deferred stock).
  • Shares owned after the transaction: not specified in the filing.
  • Footnotes:
    • The deferred 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 the director's termination of service on the Board (F1).
    • These deferred shares were received in lieu of quarterly retainer fees (F2).
    • The reported share count includes shares acquired under Graco’s Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11 (F3).
  • Filing timeliness: Reported and filed on 2026-07-01 (same-day filing), so no late filing indicated.

Context

  • This is a deferred-compensation award tied to board service (common for non-employee directors) and does not represent an open-market purchase or sale. Because settlement is deferred and payable in stock upon termination of board service, it reflects compensation mechanics rather than an immediate bullish or bearish trading signal.