Form 4: Knutson Christopher D. reports acquisition/exercise transactions in GGG

Rhea-AI Filing Summary

Knutson Christopher D. reported acquisition or exercise transactions in a Form 4 filing for GGG. The filing lists transactions totaling 8,460 shares. Following the reported transactions, holdings were 8,460 shares.

Insights

Equity Compensation Analyst

Routine equity compensation grant to a senior Graco executive.

Graco granted EVP, Controller, and CAO Christopher D. Knutson a non-qualified stock option for 8,460 shares at an exercise price of $94.28 per share. This is structured as standard executive equity compensation under the company’s 2019 Stock Incentive Plan.

The option vests in four equal annual installments beginning one year after the 02/13/2026 grant date and expires on 02/13/2036. Because this is an award, not an open-market purchase or sale, it does not itself indicate a change in trading sentiment by the executive.

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

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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^*

Knutson Christopher D.

(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)
	EVP, Controller, and CAO

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		8,460		(1)	02/13/2036	Common Stock	8,460	$0	8,460	D

Explanation of Responses:

1. Employee 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 Mr. Knutson	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 did Graco (GGG) executive Christopher D. Knutson report on this Form 4?

He reported receiving a grant of non-qualified stock options for 8,460 shares of Graco common stock. The options give him the right to buy shares at a fixed price, functioning as part of his long-term equity-based compensation package.

How many Graco (GGG) shares are covered by Christopher Knutson’s new stock options?

The grant covers options on 8,460 shares of Graco common stock. These options were awarded as a single grant and represent his total derivative securities beneficially owned following the reported transaction, according to the filing’s derivative securities table.

What is the exercise price of Christopher Knutson’s Graco (GGG) stock options?

The non-qualified stock options have an exercise price of $94.28 per share. This means he can buy Graco common stock at $94.28 once portions of the grant have vested and remain exercisable until the stated expiration date.

When do Christopher Knutson’s Graco (GGG) stock options vest?

The options vest in four equal annual installments starting one year after the 02/13/2026 grant date. Each year, another quarter of the 8,460-option grant becomes exercisable, aligning his compensation more closely with long-term company performance.

When do the reported Graco (GGG) stock options granted to Christopher Knutson expire?

The stock options expire on 02/13/2036, giving a 10-year term from the 02/13/2026 grant date. After that expiration date, any unexercised portion of the 8,460 options will lapse and can no longer be used to buy Graco common shares.

Under what plan were Christopher Knutson’s Graco (GGG) options granted?

They were granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. The filing notes the transaction is exempt under Rule 16b-3, which typically covers board-approved, plan-based awards to officers and directors.