[Form 4] GRACO INC Insider Trading Activity

Rhea-AI Filing Summary

Graco Inc. (GGG) Form 4: Director Brett C. Carter received 73 shares of Graco common stock on 10/01/2025 as payment in lieu of his quarterly retainer at a reported price of $84.96 per share. After the transaction, the filing shows beneficial ownership of 3,965.873 shares. The filing notes that the share total includes shares acquired under Graco's Automatic Dividend Reinvestment Plan (DRIP), which is exempt under Rule 16a-11. The Form 4 was signed by attorney-in-fact Joseph J. Humke on 10/02/2025. No derivative transactions or other securities classes are reported.

Positive

• Director alignment: Director received equity instead of cash, increasing ownership alignment with shareholders
• Transparent disclosure: Filing specifies transaction date (10/01/2025), price ($84.96), and number of shares (73)
• Use of DRIP: Filing confirms inclusion of shares from the Automatic Dividend Reinvestment Plan, signaling continued reinvestment

Negative

• None.

Insights

Corporate Governance Expert

TL;DR Director received standard director compensation in stock; transaction appears routine and aligned with pay practices.

This Form 4 discloses a routine director compensation event: 73 shares issued in lieu of a quarterly cash retainer. The filing explicitly states inclusion of DRIP shares, indicating ongoing use of equity-based compensation and dividend reinvestment for this insider. There is no indication of unusual timing, hedging, option exercises, or sale activity. For governance review, this is a customary disclosure that increases insider alignment with shareholders.

Securities Analyst

TL;DR Small, non-disruptive insider buy from compensation; immaterial to company valuation.

The transaction is an acquisition of 73 common shares at $84.96 as director retainer compensation. The post-transaction beneficial ownership is reported as 3,965.873 shares, including DRIP-acquired shares. No purchases or dispositions beyond this grant are reported, and there are no derivative securities disclosed. From a market-impact perspective, the size and nature of the grant are immaterial to overall share count and valuation.

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

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Carter Brett C

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		A(1)		73	A	$84.96	3,965.873(2)	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

Explanation of Responses:

1. Shares of Graco Inc. common stock received in lieu of quarterly retainer fees.

2. The number of common stock shares includes common stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.

	/s/ Joseph J. Humke, attorney-in-fact for Mr. Carter	10/02/2025
	** 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 Brett C. Carter report on Form 4 for GGG?

He reported acquiring 73 shares of Graco Inc. common stock on 10/01/2025 as payment in lieu of a quarterly retainer.

At what price were the 73 Graco (GGG) shares reported?

The filing lists a price of $84.96 per share for the reported acquisition.

How many Graco shares does the reporting person beneficially own after the transaction?

Beneficial ownership is reported as 3,965.873 shares, which the filing states includes DRIP-acquired shares.

Does the Form 4 disclose any derivative transactions for GGG?

No. The filing shows only non-derivative common stock acquisition; no options, warrants, or other derivatives are reported.

Who signed the Form 4 for Brett C. Carter and when?

Joseph J. Humke, attorney-in-fact, signed on 10/02/2025.