STOCK TITAN

Graco (GGG) director receives deferred stock grant in lieu of fees

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Anfang Heather L reported acquisition or exercise transactions in this Form 4 filing.

Graco Inc. director Heather L. Anfang received a grant of 352.810 deferred stock shares, representing quarterly retainer fees, with a reference value of $75.61 per share. Her total deferred stock balance increased to 3,865.0873 shares. These deferred stock shares will be settled entirely in Graco common stock in a lump sum or installments when her Board service ends and include shares accrued through the company’s dividend reinvestment plan.

Positive

  • None.

Negative

  • None.
Insider Anfang Heather L
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Shares 352.81 $75.61 $27K
Holdings After Transaction: Deferred Stock Shares — 3,865.087 shares (Direct, null)
Footnotes (1)
  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.
Deferred stock shares granted 352.8100 shares Grant to director on July 1, 2026
Reference price per share $75.6100 per share Valuation for deferred stock grant
Total deferred stock after grant 3,865.0873 shares Director’s deferred stock balance following transaction
Conversion price $0.0000 Deferred stock to be settled in common stock
Deferred Stock Shares financial
"The deferred stock shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan"
Graco Inc. Amended and Restated 2019 Stock Incentive Plan financial
"accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and are to be settled 100% in Graco common stock"
Automatic Dividend Reinvestment Plan (DRIP) financial
"includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11"
Rule 16a-11 regulatory
"deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11"
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SEC Form 4
FORM 4UNITED 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*
Anfang Heather L

(Last)(First)(Middle)
88 11TH AVENUE NE

(Street)
MINNEAPOLIS MINNESOTA 55413

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GRACO INC [ GGG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Shares(1)07/01/2026A(2)352.81 (1) (1)Common Stock352.81$75.613,865.0873(3)D
Explanation of Responses:
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.
2. Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
3. 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.
/s/ Joseph J. Humke, attorney-in-fact for Ms. Anfang07/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Graco (GGG) report for Heather L. Anfang?

Graco reported that director Heather L. Anfang received 352.810 deferred stock shares as a grant. These were accrued under the company’s 2019 Stock Incentive Plan and represent board retainer compensation rather than an open-market purchase or sale.

How many deferred stock shares does Heather L. Anfang now hold at Graco (GGG)?

After the latest grant, Heather L. Anfang holds 3,865.0873 deferred stock shares. This balance includes shares granted as director compensation and additional shares acquired through Graco’s Automatic Dividend Reinvestment Plan under the same deferred stock framework.

At what reference price were Heather L. Anfang’s new Graco deferred stock shares valued?

The 352.810 deferred stock shares were valued at a reference price of $75.61 per share. This price is used for accounting the grant under the Amended and Restated 2019 Stock Incentive Plan, not as an open-market transaction price.

When will Heather L. Anfang’s deferred stock shares in Graco (GGG) be settled?

The deferred stock shares will be settled 100% in Graco common stock upon the end of her Board service. Settlement may occur in a lump sum or installments, as specified under the company’s stock incentive plan governing director compensation.

Why did Heather L. Anfang receive deferred stock instead of cash fees from Graco (GGG)?

The filing states that the deferred stock shares were received in lieu of quarterly retainer fees. Graco allows directors to take part of their Board compensation as deferred stock, aligning compensation with company equity performance over time.

What role does Graco’s Automatic Dividend Reinvestment Plan (DRIP) play in these deferred shares?

The number of deferred stock shares includes additional shares acquired via Graco’s Automatic Dividend Reinvestment Plan. Under this plan, dividends are reinvested into more deferred stock shares, which are treated as exempt under SEC Rule 16a-11.