Graco Inc (GGG) director adds deferred stock via board retainer
Rhea-AI Filing Summary
Graco Inc. director equity compensation reported
A Graco Inc. (ticker GGG) director reported receiving deferred stock on 01/01/2026 as part of board compensation. The filing shows an acquisition of 304.99 deferred stock shares at a reference price of $81.97 per share, recorded as an "A" (acquired) transaction in derivative securities. After this transaction, the director held 3,462.8442 deferred stock shares beneficially, in direct ownership.
The deferred stock was accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan, will be settled 100% in Graco common stock, and is payable in a lump sum or installments when the director’s board service ends. The shares were received in lieu of quarterly retainer fees and the total also reflects shares accumulated through the company’s Automatic Dividend Reinvestment Plan, which is exempt under Rule 16a-11.
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FAQ
What insider transaction did Graco Inc (GGG) report in this Form 4?
The Form 4 reports that a Graco Inc. director acquired 304.99 deferred stock shares on 01/01/2026 as part of board compensation.
What price and amount of deferred stock did the Graco (GGG) director receive?
The director was credited with 304.99 deferred stock shares at a reference price of $81.97 per share, classified as an acquired derivative security.
How many deferred stock shares does the Graco Inc (GGG) director now beneficially own?
Following the reported transaction, the director beneficially owns 3,462.8442 deferred stock shares, held in direct ownership.
Under which plan were the Graco (GGG) deferred stock shares granted?
The 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.
When will the Graco Inc director’s deferred stock be paid out?
The deferred stock is scheduled to be settled 100% in Graco common stock in a lump sum or installments upon the director’s termination of service on the Board.
Why did the Graco (GGG) director receive deferred stock instead of cash?
The filing states that these are shares of deferred stock received in lieu of quarterly retainer fees for board service.
Do the reported Graco (GGG) deferred stock shares include dividend reinvestments?
Yes. The number of deferred stock shares includes shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which is exempt under Rule 16a-11.