Graco director granted 331 deferred stock shares
Wheeler Kevin J. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Wheeler Kevin J. reported acquisition or exercise transactions in this Form 4 filing.
Graco Inc. director Kevin J. Wheeler reported receiving a grant of deferred stock shares as part of his board compensation. He was awarded 331.3200 deferred stock shares, which will be settled in Graco common stock after his service on the Board ends. Following this grant, his deferred stock share balance is 8,337.0723, including amounts received in lieu of quarterly retainer fees and shares accrued through the company’s dividend reinvestment plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Shares | 331.32 | $75.61 | $25K |
Footnotes (3)
- F1. The deferred stock shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
- F2. Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
- F3. The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.
Key Figures
Key Terms
Graco Inc. Amended and Restated 2019 Stock Incentive Plan financial
Automatic Dividend Reinvestment Plan (DRIP) financial
Rule 16a-11 regulatory
FAQ
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What did Graco (GGG) director Kevin J. Wheeler report in this Form 4?
What is the nature of the deferred stock grant reported by Graco (GGG)?
How was the value of Kevin J. Wheeler’s deferred stock grant at Graco (GGG) determined?
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