FERAGEN JODY H 4

What Happened

• Jody H. Feragen, a director of Graco Inc. (GGG), received a grant of 413.98 deferred shares on 2026-07-01.
• The award is valued at $75.61 per share, totaling approximately $31,301. This was recorded as a derivative award (deferred stock), not an open‑market purchase or sale — a routine form of board compensation.

Key Details

• Transaction date and price: 2026-07-01 at $75.61 per share.
• Shares granted: 413.98 deferred shares; total value ≈ $31,301.
• Nature of award: Deferred stock to be settled 100% in Graco common stock upon the director’s termination of board service, payable in lump sum or installments (Footnote F1).
• Compensation context: These deferred shares were issued in lieu of quarterly retainer fees (Footnote F2) and include shares from Graco’s DRIP exempt under Rule 16a‑11 (Footnote F3).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing timeliness: Report dated and filed 2026-07-01 (no late filing indicated).

Context

• This was a compensation award (deferred stock) rather than a market purchase or sale; such grants are common for board service and reflect pay practices, not a direct buy/sell signal.
• Deferred shares convert to actual common stock upon the director’s service termination per the plan terms, so the award represents future equity compensation rather than immediate liquidity.