Form 4: White Timothy R reports acquisition/exercise transactions in GGG
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
White Timothy R reported acquisition or exercise transactions in a Form 4 filing for GGG. The filing lists transactions totaling 17,770 shares. Following the reported transactions, holdings were 17,770 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
White Timothy R
Role
Pres, Expansion Division
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 17,770 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 17,770 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Graco Inc. (GGG) report for Timothy R. White?
Graco Inc. reported that officer Timothy R. White received an employee stock option grant for 17,770 non-qualified stock options. These options give him the right to buy Graco common stock under the company’s 2019 Stock Incentive Plan, subject to vesting conditions over time.
How many stock options did Timothy R. White receive from Graco Inc. (GGG)?
Timothy R. White received 17,770 non-qualified stock options. Each option represents the right to purchase one share of Graco common stock, granted under the Amended and Restated 2019 Stock Incentive Plan, and reported as directly owned after the transaction.
What is the exercise price of Timothy R. White’s Graco (GGG) stock options?
The exercise price of Timothy R. White’s non-qualified stock options is $94.28 per share. This is the price he must pay to purchase each underlying Graco common share once the options have vested and become exercisable under the plan’s terms.
When do Timothy R. White’s Graco (GGG) stock options vest?
The stock options begin vesting one year after the February 13, 2026 grant date. They become exercisable in four equal annual installments, meaning the full 17,770-option grant will vest gradually over four years, subject to continued eligibility under the plan.
Under which plan were the Graco (GGG) stock options granted to Timothy R. White?
The options were granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. This plan governs equity awards such as non-qualified stock options and specifies terms like vesting schedules, exercise prices, and compliance with Rule 16b-3 for insider transactions.
Is Timothy R. White’s Graco (GGG) option grant a purchase or an award?
The filing classifies the transaction as a grant or award, not an open-market purchase. It uses transaction code “A” for acquisition, reflecting an employee stock option award under the company’s incentive plan, with a reported price of $0 for the derivative security itself.