Graco (NYSE: GGG) director reports 285.17 deferred stock share accrual
Rhea-AI Filing Summary
Graco Inc. director Mr. Wheeler reported a change in his holdings through deferred stock compensation. On 01/01/2026, he acquired 285.17 deferred stock shares, which correspond to 285.17 shares of Graco common stock at a reference price of $81.97 per share. These deferred stock shares were accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan and are to be settled entirely in Graco common stock, either in a lump sum or installments, when he terminates service on the Board.
The filing notes that some of these deferred stock shares are received in lieu of quarterly retainer fees and that the total includes shares accumulated through the company’s Automatic Dividend Reinvestment Plan, which is exempt under Rule 16a-11. After this transaction, Mr. Wheeler holds 7,675.7131 deferred stock shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Shares | 285.17 | $81.97 | $23K |
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.
FAQ
What insider transaction did Graco Inc (GGG) report in this Form 4?
The filing reports that director Mr. Wheeler acquired 285.17 deferred stock shares on 01/01/2026, linked to an equal number of Graco common shares.
What role does the Graco (GGG) dividend reinvestment plan play in these holdings?
The number of deferred stock shares includes amounts acquired through the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which is noted as exempt under Rule 16a-11.