David M. Lowe - Feb 5, 2025 Form 4 Insider Report for GRACO INC (GGG)

Role: CFO and Treasurer
Signature: /s/ Joseph J. Humke, attorney-in-fact for Mr. Lowe
Stock symbol: GGG
Transactions as of: Feb 5, 2025
Transactions value $: -$1,213,744
Form type: 4
Date filed: 2/6/2025, 04:22 PM
Previous filing: Feb 20, 2024
Next filing: Feb 18, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GGG	Common Stock	Options Exercise	$1.17M	+47.1K	+7.61%	$24.79	666K	Feb 5, 2025	Direct	F1
transaction	GGG	Common Stock	Tax liability	-$2.38M	-28.4K	-4.26%	$83.90	638K	Feb 5, 2025	Direct
holding	GGG	Common Stock						1.45K	Feb 5, 2025	By ESOP	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GGG	Non-qualified Stock Option (Right to Buy)	Options Exercise	$0	-47.1K	-100%	$0.00	0	Feb 5, 2025	Common Stock	47.1K	$24.79	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Included in the amount reported are shares acquiared under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.
F2	The number of ESOP shares include ESOP shares acquired in unreported dividend reinvestment transactions, exempt under Rule 16b-3.
F3	Employee stock option granted pursuant to the Graco Inc. 2010 Stock Incentive Plan in transaction exempt under Rule 16b-3. The stock option is fully exercisable.