[Form 4] GRACO INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Black Archie C. reported acquisition or exercise transactions in this Form 4 filing.
Graco Inc. director Archie C. Black received a grant of deferred stock shares as part of his board compensation. On this date, he was awarded 295.3300 deferred stock shares valued at $84.6500 per share, increasing his direct holdings of deferred stock to 3,769.3216 shares.
The deferred stock was accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan, including shares received in lieu of quarterly retainer fees and through the Automatic Dividend Reinvestment Plan. These deferred stock shares will be settled in Graco common stock, either in a lump sum or installments, after his service on the Board ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Black Archie C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Shares | 295.33 | $84.65 | $25K |
Holdings After Transaction:
Deferred Stock Shares — 3,769.322 shares (Direct)
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.
Key Figures
Deferred stock grant: 295.3300 shares
Grant valuation price: $84.6500 per share
Total deferred stock holdings: 3,769.3216 shares
3 metrics
Deferred stock grant
295.3300 shares
Deferred stock shares granted to director on transaction date
Grant valuation price
$84.6500 per share
Valuation of deferred stock shares at grant
Total deferred stock holdings
3,769.3216 shares
Deferred stock shares held after the reported transaction
Key Terms
Deferred Stock Shares, Amended and Restated 2019 Stock Incentive Plan, Automatic Dividend Reinvestment Plan (DRIP), Rule 16a-11
4 terms
Amended and Restated 2019 Stock Incentive Plan financial
"accrued under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan"
Automatic Dividend Reinvestment Plan (DRIP) financial
"includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP)"
Rule 16a-11 regulatory
"Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11"