Graco Inc. (GGG) director adds to holdings with stock fee grant
Rhea-AI Filing Summary
Graco Inc. director reports routine stock compensation. A director of Graco Inc. reported acquiring 76 shares of common stock on 01/01/2026, recorded as an acquisition at a price of $81.97 per share. These shares were received in lieu of quarterly retainer fees, meaning the director took part of board compensation in stock rather than cash.
After this transaction, the director beneficially owns 4,055.083 shares of Graco common stock in direct ownership. This total includes shares acquired through the company’s Automatic Dividend Reinvestment Plan (DRIP), which automatically reinvests dividends into additional shares.
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FAQ
What insider transaction did Graco Inc. (GGG) report in this Form 4?
A Graco Inc. director reported acquiring 76 shares of common stock on 01/01/2026, classified as an acquisition transaction.
At what price were the Graco Inc. (GGG) shares acquired in the reported transaction?
The 76 shares of Graco Inc. common stock were acquired at a price of $81.97 per share.
Why did the Graco Inc. director receive these shares?
The filing states the shares were received in lieu of quarterly retainer fees, meaning they represent director compensation paid in stock instead of cash.
How many Graco Inc. (GGG) shares does the reporting person own after this transaction?
Following the reported transaction, the director beneficially owns 4,055.083 shares of Graco Inc. common stock in direct ownership.
What is the role of the Graco Inc. insider in this Form 4?
The reporting person is identified as a director of Graco Inc., according to the relationship section of the filing.
What is the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP) mentioned in the filing?
The filing explains that the reported ownership includes shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which reinvests dividends into additional common shares and is exempt under Rule 16a-11.