Director granted 5,240 Graco (GGG) stock options at $94.28

Rhea-AI Filing Summary

Graco Inc director Heather L. Anfang reported receiving a grant of non-qualified stock options under the company’s Amended and Restated 2019 Stock Incentive Plan. On February 13, 2026, she was awarded 5,240 stock options to acquire Graco common shares at an exercise price of $94.28 per share, granted at no cost to her.

The options vest in four equal annual installments, starting one year after the grant date, and are exercisable until February 13, 2036. All 5,240 options are held as direct beneficial ownership and the grant is described as exempt under Rule 16b-3.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Anfang Heather L

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^*

Anfang Heather L

(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 Ms. Anfang	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 (GGG) report for Heather L. Anfang?

Graco reported that director Heather L. Anfang received a grant of stock options. She was awarded 5,240 non-qualified options to buy Graco common stock, providing equity-based compensation aligned with the company’s long-term incentive plan.

How many stock options were granted to the Graco (GGG) director in this Form 4?

The Form 4 shows a grant of 5,240 non-qualified stock options. These options give the director the right to acquire Graco common shares, subject to vesting and an exercise price specified in the award terms.

What is the exercise price of the Graco (GGG) stock options granted on February 13, 2026?

The options have an exercise price of $94.28 per share. This means the director may purchase Graco common stock at $94.28 once the options vest, regardless of the market price at exercise.

When do the Graco (GGG) director stock options begin to vest?

The stock options begin vesting one year after the February 13, 2026 grant date. They then vest in four equal annual installments, spreading the director’s ability to exercise the options over several years.

How long are the Graco (GGG) non-qualified stock options exercisable?

The options are exercisable until February 13, 2036. This expiration date provides a 10-year window from grant, after which any unexercised options will lapse and can no longer be used.

Under which plan were the Graco (GGG) director stock options granted?

The options were granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. This plan governs equity awards for eligible participants, including directors, and is designed to support long-term incentive compensation.

Is the Graco (GGG) director stock option grant reported as exempt under Rule 16b-3?

Yes, the Form 4 notes the director stock option grant is exempt under Rule 16b-3. That rule provides an exemption from certain short-swing profit rules for properly approved, plan-based equity awards to insiders.