GILLIGAN J KEVIN 4

What Happened Kevin Gilligan, a director of Graco Inc. (GGG), received an award of 620.94 deferred shares on July 1, 2026. The grant is reported at a per-share value of $75.61, for a total derivative value of $46,949. This was an award/compensation transaction (code A), not an open‑market purchase or sale — the shares are deferred and will be settled in Graco common stock later.

Key Details

• Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-01.
• Transaction type/code: Award/Grant (A); derivative/deferred stock.
• Shares granted: 620.94 shares; reported value: $75.61 per share; total reported value: $46,949.
• Shares owned after transaction: Not disclosed in the provided data.
• Notable footnotes:
  • F1: Deferred stock accrued under the 2019 Stock Incentive Plan; to be settled 100% in Graco common stock in a lump sum or installments upon the director’s termination of Board service.
  • F2: These deferred shares were received in lieu of quarterly retainer fees (director compensation).
  • F3: The total includes deferred shares acquired under Graco’s DRIP, which is exempt under Rule 16a-11.
• Timeliness: Filing date equals the report period date; no late‑filing indication provided.

Context This is a routine director compensation award (deferred stock) rather than an immediate stock purchase or sale. Because the shares are deferred (a derivative right to receive stock later), they do not represent current free trading shares in the insider’s hands until settled. Such grants are common for board compensation and are disclosed for transparency, not as a direct buy/sell signal.