Graco (GGG) EVP, Chief Marketing Officer granted 17,770 stock options

Rhea-AI Filing Summary

Graco Inc. executive Laura L. Evanson, EVP and Chief Marketing Officer, reported an equity compensation award effective 02/13/2026. She received a grant of 17,770 non-qualified stock options with an exercise price of $94.28 per share under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan.

The options are exercisable for Graco common stock and become exercisable in four equal annual installments, starting one year after the grant date, and expire on 02/13/2036. Following this grant, Evanson directly holds 17,770 derivative securities in the form of these options.

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

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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^*

Evanson Laura L

(Last) (First) (Middle)

88 11TH AVENUE NE

(Street)

MINNEAPOLIS MN 55413

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Marketing Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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

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

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

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)	$94.28	02/13/2026		A		17,770		(1)	02/13/2036	Common Stock	17,770	$0	17,770	D

Explanation of Responses:

1. Employee 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/ Joseph J. Humke, attorney-in-fact for Ms. Evanson	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Graco Inc. (GGG) report in this Form 4 for Laura L. Evanson?

Graco Inc. reported that EVP and Chief Marketing Officer Laura L. Evanson received a grant of 17,770 non-qualified stock options on 02/13/2026. These options are part of the company’s 2019 Stock Incentive Plan and represent an equity-based compensation award.

How many stock options were granted to Graco (GGG) executive Laura L. Evanson?

Laura L. Evanson was granted 17,770 non-qualified stock options. Each option gives the right to buy one share of Graco common stock at the fixed exercise price, subject to the vesting schedule described in the company’s stock incentive plan.

What is the exercise price and term of the options granted to GGG executive Laura L. Evanson?

The non-qualified stock options have an exercise price of $94.28 per share and an expiration date of 02/13/2036. This means she can exercise vested options at $94.28 any time before they expire, subject to plan rules.

How do the Graco (GGG) stock options granted to Laura Evanson vest?

The Form 4 states the stock option becomes exercisable in four equal annual installments, starting one year after the grant date. This creates a four-year vesting schedule, aligning her long-term incentives with ongoing service to the company.

What plan governs the stock option grant to Graco (GGG) executive Laura Evanson?

The options were granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. The filing notes the transaction is exempt under Rule 16b-3, which generally covers certain board-approved equity compensation awards to insiders.

What is Laura Evanson’s derivative holdings in Graco (GGG) after this transaction?

After the reported grant, Laura L. Evanson beneficially owns 17,770 derivative securities in the form of these non-qualified stock options, held directly. The Form 4 shows this as her total derivative securities following the transaction.