Graco (GGG) director receives deferred stock grant in lieu of fees
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
Deferred stock shares granted: 352.8100 shares
Reference price per share: $75.6100 per share
Total deferred stock after grant: 3,865.0873 shares
+1 more
4 metrics
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
Key Terms
Deferred Stock Shares, Graco Inc. Amended and Restated 2019 Stock Incentive Plan, Automatic Dividend Reinvestment Plan (DRIP), Rule 16a-11
4 terms
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"
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.
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.