Graco (NYSE: GGG) director receives 5,240 non-qualified stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Graco Inc. director Jody H. Feragen received a grant of 5,240 non-qualified stock options on February 13, 2026 under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. The options carry an exercise price of $94.28 per share and expire on February 13, 2036.
The grant is classified as an acquisition of derivative securities, with 5,240 options beneficially owned directly after the transaction. The award vests in four equal annual installments, beginning one year after the grant date, aligning director compensation with longer-term shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERAGEN JODY H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 5,240 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 5,240 shares (Direct)
Footnotes (1)
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FAQ
What did Graco (GGG) disclose in this Form 4 filing?
Graco disclosed that director Jody H. Feragen received a grant of 5,240 non-qualified stock options. These options were awarded under the Amended and Restated 2019 Stock Incentive Plan as equity compensation rather than an open-market stock purchase or sale.
How many Graco (GGG) stock options were granted to Jody H. Feragen?
Jody H. Feragen was granted 5,240 non-qualified stock options. All 5,240 options are shown as beneficially owned directly after the transaction, reflecting the full size of this equity award to a nonemployee director under Graco’s stock incentive plan.
What is the exercise price of the new Graco (GGG) stock options?
The non-qualified stock options granted to Jody H. Feragen have an exercise price of $94.28 per share. This means the director can buy Graco common stock at $94.28 once the options vest and are exercised before their stated expiration date.
When do Jody H. Feragen’s Graco (GGG) stock options vest?
The options vest in four equal annual installments, starting one year after the February 13, 2026 grant date. This multi-year vesting schedule is intended to encourage long-term alignment between the nonemployee director’s compensation and Graco shareholders’ interests.
When do the newly granted Graco (GGG) stock options expire?
The non-qualified stock options granted to Jody H. Feragen expire on February 13, 2036. This gives a ten-year term from the grant date during which, once vested, the director may choose to exercise the options at the fixed $94.28 exercise price.
Is the Form 4 transaction a Graco (GGG) stock purchase or sale?
The Form 4 reports a grant, not a market trade. It records an acquisition of 5,240 non-qualified stock options as director compensation, with a transaction code of “A” indicating a grant, award, or other acquisition rather than an open-market buy or sell.