Form 4: Black Archie C. reports acquisition/exercise transactions in GGG
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Black Archie C. reported acquisition or exercise transactions in a Form 4 filing for GGG. The filing lists transactions totaling 5,240 shares. Following the reported transactions, holdings were 5,240 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Black Archie C.
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 insider transaction did Graco Inc (GGG) report for Archie C. Black?
Graco director Archie C. Black reported a grant of 5,240 non-qualified stock options. These options were awarded under the company’s 2019 Stock Incentive Plan as director compensation and were reported on a Form 4 insider filing.
What are the key terms of Archie C. Black’s new Graco (GGG) stock options?
The grant covers 5,240 non-qualified stock options with an exercise price of $94.28 per share. The options become exercisable in four equal annual installments and expire on February 13, 2036, providing long-term equity-based compensation.
When do Archie C. Black’s Graco (GGG) stock options vest?
The stock options vest in four equal annual installments, beginning one year after the February 13, 2026 grant date. This means portions of the 5,240 options become exercisable each year over a four-year period, encouraging longer-term board alignment.
How many Graco (GGG) derivative securities does Archie C. Black hold after this grant?
After the reported transaction, Archie C. Black beneficially owns 5,240 derivative securities, all in the form of these non-qualified stock options. The Form 4 indicates this ownership is held directly rather than through an indirect or related entity structure.
Under what plan were Archie C. Black’s Graco (GGG) options granted?
The options were granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. The filing notes the grant qualifies as a transaction exempt under Rule 16b-3, which generally governs certain insider compensation-related equity awards.