GGG Insider Brett Carter Boosts Stake to 3,880 Shares via Stock Retainer

Rhea-AI Filing Summary

Graco Inc. (GGG) – Form 4 insider transaction

On 01 July 2025, director Brett C. Carter acquired 72 shares of Graco common stock at an implied price of $85.97 per share. The shares were issued in lieu of the director’s quarterly retainer, rather than an open-market purchase. Following the transaction, Mr. Carter directly owns 3,880.111 shares. No derivative securities or dispositions were reported.

The filing is administrative in nature and reflects routine director compensation through equity instead of cash. The transaction represents a negligible proportion of Graco’s roughly 168 million shares outstanding and is therefore unlikely to have a material impact on valuation or trading dynamics. Nonetheless, electing stock compensation modestly increases director–shareholder alignment.

Positive

• Director chose stock instead of cash, slightly increasing alignment between board and shareholders.

Negative

• Immaterial size—72 shares (<0.1% of shares outstanding) provides little insight into insider conviction or company outlook.

Insights

Securities Analyst

TL;DR – Routine director stock retainer of 72 shares; negligible size; neutral impact on GGG.

The Form 4 shows Brett C. Carter, a Graco director, choosing to receive part of his board compensation in equity. At $85.97, the $6.2 k value is immaterial relative to Graco’s market capitalization. Because the shares were granted, not bought on the open market, the filing offers limited incremental insight into insider sentiment or near-term fundamentals. It does, however, slightly increase ownership alignment. Overall, the event is standard governance practice and poses no valuation risk or catalyst.

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^*

Carter Brett C

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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
Common Stock	07/01/2025		A(1)		72	A	$85.97	3,880.111(2)	D

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

Explanation of Responses:

1. Shares of Graco Inc. common stock received in lieu of quarterly retainer fees.

2. The number of common stock shares includes common stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.

	/s/ Joseph J. Humke, attorney-in-fact for Mr. Carter	07/01/2025
	** 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.

FAQ

What insider activity was reported for GGG on 1 July 2025?

Director Brett C. Carter acquired 72 shares of Graco common stock via retainer stock grant.

What was the acquisition price of the shares?

The implied price reported was $85.97 per share.

How many Graco shares does the director own after the transaction?

Mr. Carter now directly owns 3,880.111 shares.

Was this an open-market purchase?

No. The shares were issued in lieu of cash retainer fees, not bought on the market.

Were any derivative securities involved in the filing?

No derivative securities were reported in Table II.