Graco Inc (GGG) director sells 3,218 shares after option exercise
Rhea-AI Filing Summary
GRACO INC director Eric Etchart exercised a non-qualified stock option for 3,218 shares at an exercise price of $36.0867 per share under the Graco Inc. 2015 Stock Incentive Plan, then sold 3,218 common shares at a weighted average price of $80.0145 (range $79.97–$80.04), and continues to hold options for 9,652 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 3,218 shares ($141K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Etchart Eric
Role
Director
Sold
3,218 shs ($257K)
Approx. gross sale proceeds
$257K
Approx. exercise cost
$116K
Approx. pre-tax spread
$141K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) F3 | 3,218 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,218 | $36.0867 | $116K |
| Sale | Common Stock F2 | 3,218 | $80.0145 | $257K |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 9,652 shares (Direct);
Common Stock — 46,452.426 shares (Direct)
Footnotes (3)
- F1. The amount of securities owned includes shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan, exempt under Rule 16a-11.
- F2. The price reported in column 4 is a weighted average price. The shares were sold at prices ranging from $79.97 to $80.04, inclusive. The reporting person undertakes to provide Graco Inc., and security holder of Graco Inc. or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- F3. Nonemployee director stock option granted pursuant to the Graco Inc. 2015 Stock Incentive Plan in a transaction exempt under Rule 16b-3. The stock option is fully exercisable.
Key Figures
Options exercised: 3,218 shares
Option exercise price: $36.0867 per share
Shares sold: 3,218 shares
+3 more
6 metrics
Options exercised
3,218 shares
Non-qualified stock option converted into common stock on 2026-08-03
Option exercise price
$36.0867 per share
Exercise price of nonemployee director stock option
Shares sold
3,218 shares
Common stock sale on 2026-08-03 following option exercise
Weighted average sale price
$80.0145 per share
Shares sold at prices ranging from $79.97 to $80.04
Remaining stock options
9,652 shares
Non-qualified stock options remaining after exercise, expiring 2027-04-28
Sale price range
$79.97–$80.04 per share
Range of prices for the 3,218 shares of common stock sold
Key Terms
Non-qualified Stock Option, Automatic Dividend Reinvestment Plan, Rule 16b-3, weighted average price
4 terms
Non-qualified Stock Option financial
"security_title: Non-qualified Stock Option (Right to Buy)"
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.
Automatic Dividend Reinvestment Plan financial
"shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan"
Rule 16b-3 regulatory
"granted pursuant to the Graco Inc. 2015 Stock Incentive Plan 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.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GRACO INC (GGG) director Eric Etchart do in this Form 4 filing?
Director Eric Etchart exercised options for 3,218 shares of Graco common stock at $36.0867 per share and sold 3,218 shares at a weighted average price of $80.0145, reflecting an exercise-and-sell transaction sequence.
At what exercise price did Eric Etchart exercise his GRACO INC (GGG) stock options?
Etchart exercised a non-qualified stock option covering 3,218 shares at an exercise price of $36.0867 per share. The option was a nonemployee director grant under the Graco Inc. 2015 Stock Incentive Plan and was reported as fully exercisable.
How many GRACO INC (GGG) stock options does Eric Etchart retain after this transaction?
After exercising 3,218 options, Etchart continues to hold options for 9,652 shares of Graco common stock. These remaining options are tied to a nonemployee director stock option grant expiring on April 28, 2027, according to the reported data.