Graco (GGG) director receives 5,240 non-qualified stock options

Rhea-AI Filing Summary

Graco Inc. director Eric Etchart reported an acquisition of derivative securities through a stock option grant. On 02/13/2026, he received a non-qualified stock option for 5,240 shares of common stock with an exercise price of $94.28 per share, expiring on 02/13/2036.

The option was granted as a nonemployee director award under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. It becomes exercisable in four equal annual installments starting one year after the grant date, and all 5,240 derivative securities are reported as directly owned after the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Etchart Eric

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Non-qualified Stock Option (Right to Buy)	5,240	$0.00	--

Holdings After Transaction: Non-qualified Stock Option (Right to Buy) — 5,240 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Etchart Eric

(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)
02/13/2026

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

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
Non-qualified Stock Option (Right to Buy)	$94.28	02/13/2026		A		5,240		(1)	02/13/2036	Common Stock	5,240	$0	5,240	D

Explanation of Responses:

1. Nonemployee director stock option granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing one year after the date of the grant.

	/s/ Joseph J. Humke, attorney-in-fact for Mr. Etchart	02/17/2026
	** 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 transaction did Graco Inc. (GGG) report for Eric Etchart?

Graco Inc. reported a stock option grant to director Eric Etchart. On 02/13/2026, he was awarded a non-qualified stock option covering 5,240 shares of common stock, reported as a derivative acquisition on Form 4 and held as direct beneficial ownership.

How many Graco (GGG) shares are covered by Eric Etcharts stock option grant?

The stock option grant covers 5,240 shares of Graco common stock. This non-qualified option was reported as a derivative security, with 5,240 derivative securities beneficially owned directly following the transaction as disclosed in the Form 4 filing.

What is the exercise price and expiration date of Eric Etcharts Graco (GGG) stock options?

The non-qualified stock option has a $94.28 exercise price and expires 02/13/2036. These terms apply to 5,240 underlying shares of Graco common stock as reported, defining the cost to exercise and the final date the option can be used.

How do Eric Etcharts Graco (GGG) stock options vest?

The stock option vests in four equal annual installments. Vesting begins one year after the 02/13/2026 grant date, so portions of the 5,240-share non-qualified stock option become exercisable each year over a four-year period under the 2019 Stock Incentive Plan.

Under which plan were Eric Etcharts Graco (GGG) stock options granted?

The options were granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. The Form 4 notes that this nonemployee director stock option grant is exempt under Rule 16b-3, reflecting a standard equity-based compensation award to a board member.

Is Eric Etchart a director or officer of Graco Inc. (GGG)?

Eric Etchart is reported as a director of Graco Inc. The Form 4 indicates he is not an officer or 10% owner, and the reported grant is a nonemployee director stock option awarded under the companys 2019 Stock Incentive Plan.