Graco (NYSE: GGG) division president sells 14,410 shares after option exercise

Rhea-AI Filing Summary

Graco Inc. officer Claudio Merengo reported option exercises and share sales. On January 30, 2026, he exercised a non-qualified stock option for 14,410 shares of common stock at $30.3467 per share. That same day, he sold 14,410 shares of Graco common stock at a weighted average price of $87.0288 per share.

After these transactions, Merengo directly held 19,852.8467 shares of Graco common stock and 14,411 non-qualified stock options. Some of his reported holdings include shares acquired through Graco’s dividend reinvestment plan.

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

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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^*

Merengo Claudio

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres, Global Powder Division

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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
Common Stock	01/30/2026		M		14,410	A	$30.3467	34,262.8467(1)	D
Common Stock	01/30/2026		S		14,410	D	$87.0288(2)	19,852.8467	D

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)	$30.3467	01/30/2026		M			14,410	(3)	02/17/2027	Common Stock	14,410	$0	14,411	D

Explanation of Responses:

1. Included in the amount reported are shares of Graco common stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.

2. The price in Column 4 is a weighted average price. The shares were sold at prices ranging from $87.00 to $87.19, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.

3. Employee stock option granted pursuant to the Graco Inc. 2015 Stock Incentive Plan in transaction exempt under Rule 16b-3. The stock option is fully exercisable.

	/s/ Joseph J. Humke, attorney-in-fact for Mr. Merengo	02/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Graco (GGG) report for Claudio Merengo?

Graco reported that officer Claudio Merengo exercised options for 14,410 shares and sold 14,410 common shares on January 30, 2026. These trades involved non-qualified stock options and directly held Graco common stock.

How many Graco (GGG) shares did Claudio Merengo sell and at what price?

Claudio Merengo sold 14,410 Graco common shares at a weighted average price of $87.0288 per share. The filing notes the actual sale prices ranged between $87.00 and $87.19 for the reported transactions.

What stock options did Claudio Merengo exercise in this Graco (GGG) Form 4?

He exercised a non-qualified stock option to buy 14,410 Graco common shares at an exercise price of $30.3467 per share. The option was granted under the Graco Inc. 2015 Stock Incentive Plan and was fully exercisable.

How many Graco (GGG) shares does Claudio Merengo hold after the reported transactions?

Following the January 30, 2026 trades, Claudio Merengo directly held 19,852.8467 shares of Graco common stock. He also held 14,411 non-qualified stock options, each representing the right to acquire one share of Graco common stock.

What role does Claudio Merengo hold at Graco (GGG)?

Claudio Merengo is identified as an officer of Graco, serving as President, Global Powder Division. This role is disclosed in the insider ownership section of the Form 4 reporting his option exercise and share sale transactions.

Does the Graco (GGG) Form 4 mention dividend reinvestment plan shares?

Yes. The filing explains that Merengo’s reported common stock holdings include shares acquired under Graco’s Automatic Dividend Reinvestment Plan (DRIP), which are treated as exempt acquisitions under Rule 16a-11 of the securities regulations.