Graco Inc. (GGG) director adds deferred stock, now holding 97,677 shares
Rhea-AI Filing Summary
Graco Inc. disclosed that one of its directors reported an additional award of deferred stock under the company’s Amended and Restated 2019 Stock Incentive Plan. On 01/01/2026, the director acquired 407.16 deferred stock shares at a reference price of $81.97 per share, increasing total deferred stock holdings to 97,677.3871 shares held in direct form. These deferred stock shares are to be paid out entirely in Graco common stock, either in a lump sum or installments, after the director’s service on the Board ends. The filing notes that some of the deferred stock reflects quarterly retainer fees taken in stock instead of cash and additional shares accumulated through Graco’s Automatic Dividend Reinvestment Plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Shares | 407.16 | $81.97 | $33K |
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 filing?
The filing reports that a director of Graco Inc. acquired 407.16 deferred stock shares on 01/01/2026 under the company’s Amended and Restated 2019 Stock Incentive Plan.
What is deferred stock in the context of Graco Inc. (GGG)?
For Graco, the filing explains that deferred stock shares are accrued under the company’s Amended and Restated 2019 Stock Incentive Plan and will be settled 100% in Graco common stock, either in a lump sum or installments, when the director’s Board service ends.
Why did the Graco director receive deferred stock instead of cash?
The filing states that some of the deferred stock shares were received in lieu of quarterly retainer fees, meaning the director chose stock-based compensation instead of cash retainers.
What is the role of the Graco Automatic Dividend Reinvestment Plan (DRIP) in this transaction?
According to the filing, the number of deferred stock shares includes additional shares acquired through the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), which is exempt under Rule 16a-11.