Graco (GGG) director Wheeler receives 331 deferred stock shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wheeler Kevin J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Shares | 331.32 | $75.61 | $25K |
Holdings After Transaction:
Deferred Stock Shares — 8,337.072 shares (Direct, null)
Footnotes (1)
- 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. Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees. 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
Deferred stock shares granted: 331.3200 shares
Reference price per deferred share: $75.6100 per share
Total deferred stock shares after grant: 8,337.0723 shares
+2 more
5 metrics
Deferred stock shares granted
331.3200 shares
Grant/award acquisition on 2026-07-01
Reference price per deferred share
$75.6100 per share
Reporting value for deferred stock grant
Total deferred stock shares after grant
8,337.0723 shares
Holdings following reported transaction
Underlying common shares for this grant
331.3200 shares
Deferred stock to be settled in common stock
Conversion or exercise price
$0.0000
Deferred stock shares settle into common at no exercise cost
Key Terms
Deferred Stock Shares, Graco Inc. Amended and Restated 2019 Stock Incentive Plan, Automatic Dividend Reinvestment Plan (DRIP), Rule 16a-11
4 terms
Graco Inc. Amended and Restated 2019 Stock Incentive Plan financial
"The deferred stock shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan"
Automatic Dividend Reinvestment Plan (DRIP) financial
"The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP)"
Rule 16a-11 regulatory
"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"
FAQ
What did Graco (GGG) director Kevin J. Wheeler report in this Form 4?
Kevin J. Wheeler reported receiving a grant of 331.3200 deferred stock shares as board compensation. These deferred shares represent an accrual of value that will be settled in Graco common stock after his board service ends, rather than immediate cash or stock payment.
What is the nature of the deferred stock grant reported by Graco (GGG)?
The grant consists of deferred stock shares accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. These awards are to be settled 100% in Graco common stock, either in a lump sum or installments, when Wheeler’s service on the Board terminates in the future.
How was the value of Kevin J. Wheeler’s deferred stock grant at Graco (GGG) determined?
The 331.3200 deferred stock shares were valued for reporting at a reference price of $75.6100 per share. The filing also notes that some deferred stock shares were received instead of quarterly retainer fees, effectively converting cash compensation into stock-based value for the director.