GGG Form 4 reports acquisition/exercise transactions
Thompson David J reported acquisition or exercise transactions in a Form 4 filing for GGG.
Rhea-AI Filing Summary
Thompson David J 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
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Negative
- None.
Insights
Routine stock option grant to a senior Graco executive.
Graco Inc. awarded Pres, Global Contractor Division David J. Thompson a non-qualified stock option covering 17,770 shares of common stock at an exercise price of $94.28 per share. This is described as an employee stock option under the Amended and Restated 2019 Stock Incentive Plan.
The award vests in four equal annual installments beginning one year after the February 13, 2026 grant date, which encourages longer-term retention and performance alignment. Because this is a grant rather than an open-market purchase or sale, it mainly affects his future equity-based compensation, with limited immediate impact for shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 17,770 | $0.00 | $0.00 |
Footnotes (1)
- F1. Employee 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.
FAQ
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What equity award did Graco (GGG) grant to David J. Thompson?
When was the new Graco (GGG) stock option granted to the executive?
How do the Graco (GGG) options for David J. Thompson vest over time?
What type of security did Graco (GGG) award in this Form 4 filing?
Is the Graco (GGG) stock option grant an open-market purchase or sale?
How many derivative securities does the Graco (GGG) executive hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.