Graco (GGG) EVP Humke awarded 17,770 non-qualified stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Graco Inc. executive Joseph J. Humke reported a grant of 17,770 non-qualified stock options on common stock. The award was granted on 02/13/2026 under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3.
The options have an exercise price of $94.28 per share and expire on 02/13/2036. They become exercisable in four equal annual installments, starting one year after the grant date. Following this grant, Humke directly holds 17,770 derivative securities in the form of these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Humke Joseph J
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 17,770 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 17,770 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Graco (GGG) report for Joseph J. Humke?
Graco reported that Executive Vice President Joseph J. Humke received a grant of 17,770 non-qualified stock options. These options relate to Graco common stock and were issued as part of the company’s equity compensation program under its 2019 Stock Incentive Plan.
What are the key terms of Joseph J. Humke’s 17,770 Graco (GGG) stock options?
Humke’s non-qualified stock options cover 17,770 Graco common shares at a $94.28 exercise price. The options were granted on February 13, 2026, and expire on February 13, 2036, providing a 10-year window in which they may be exercised after vesting.
How do Joseph J. Humke’s new Graco (GGG) stock options vest?
The 17,770 stock options granted to Joseph J. Humke vest in four equal annual installments. Vesting begins one year after the February 13, 2026 grant date, meaning 25% of the options become exercisable each year over a four-year period.
Under which plan were Joseph J. Humke’s Graco (GGG) options granted?
The options were granted under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan. This plan governs equity-based awards to eligible participants, and the filing notes the transaction is exempt under Rule 16b-3, which typically covers board-approved compensation grants.
Is Joseph J. Humke’s Graco (GGG) option grant a direct or indirect holding?
The filing classifies Joseph J. Humke’s 17,770 non-qualified stock options as a direct holding. After the reported grant, he beneficially owns 17,770 derivative securities directly, all represented by this single stock option award on Graco common shares.
What does the Form 4 code 'A' mean in Graco (GGG) executive Humke’s filing?
The transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of derivative securities. In this case, it reflects the award of 17,770 non-qualified stock options to Executive Vice President Joseph J. Humke as part of his compensation package.