Graco director granted 2,710 stock options

GRACO INC (GGG) reported that director Steven B. Hedlund received a grant of 2,710 non-qualified stock options on September 10, 2026 under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.

Rhea-AI Filing Summary

GRACO INC (GGG) reported that director Steven B. Hedlund received a grant of 2,710 non-qualified stock options on September 10, 2026 under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. The options have an exercise price of $76.41 per share, expire on September 10, 2036, and become exercisable in four equal annual installments starting one year after the grant date.

Insider Trade Summary

Grant/Award: 2,710 shares

Grant/Award 1 txn

Insider Hedlund Steven B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non-qualified Stock Option (Right to Buy) F1	2,710	$0.00	$0.00

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 2,710 contracts (Direct)

Footnotes (1)

1. F1. Nonemployee director stock option granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing one year after the date of the grant.

Key Figures

Options granted: 2,710 options Exercise price: $76.41 per share Expiration date: September 10, 2036 +2 more

5 metrics

Options granted 2,710 options Non-qualified stock option grant to director on September 10, 2026

Exercise price $76.41 per share Exercise price for the non-qualified stock options

Expiration date September 10, 2036 Option term under the 2019 Stock Incentive Plan grant

Vesting schedule Four equal annual installments Beginning one year after the September 10, 2026 grant date

Total options held after grant 2,710 options Director’s option position reported following this grant

Key Terms

Non-qualified Stock Option, Amended and Restated 2019 Stock Incentive Plan, Rule 16b-3

3 terms

Non-qualified Stock Option financial

"Nonemployee director stock option granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan"

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

Amended and Restated 2019 Stock Incentive Plan financial

"Nonemployee director stock option granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan"

Rule 16b-3 regulatory

"in a transaction exempt under Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GGG disclose for director Steven B. Hedlund?

GRACO INC disclosed that director Steven B. Hedlund received a grant of 2,710 non-qualified stock options on September 10, 2026 as equity compensation, with no cash purchase involved in the award itself.

What is the exercise price of the new stock options granted by GGG?

The stock options granted to Steven B. Hedlund have an exercise price of $76.41 per share, meaning he may buy Graco common stock at this price once the options become exercisable.

When do the newly granted GGG stock options vest for the director?

The options become exercisable in four equal annual installments, beginning one year after the September 10, 2026 grant date, resulting in a four-year vesting period for the full award.

When do Steven B. Hedlund’s newly granted GGG options expire?

The non-qualified stock options granted to Steven B. Hedlund expire on September 10, 2036, giving him a ten-year period from the grant date to exercise vested options, subject to the plan’s terms.

Under what plan and rule were the new GGG options granted?

The options were granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction described as exempt under Rule 16b-3, which governs certain insider transactions for compensation purposes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/14/2026 - 06:07 PM Accepted by SEC EDGAR 09/14/2026 - 06:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hedlund Steven B

(Last) (First) (Middle)

88 11TH AVENUE NE

(Street)

MINNEAPOLIS MINNESOTA 55413

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GRACO INC [ GGG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified Stock Option (Right to Buy)	$76.41	09/10/2026		A		2,710		(1)	09/10/2036	Common Stock	2,710	$0	2,710	D

Explanation of Responses:

1. Nonemployee director stock option granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing one year after the date of the grant.

	/s/ Justina A. Roberts, attorney-in-fact for Mr. Hedlund	09/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)