{"schema_version":"secwatch.filing_event.v1","accession":"0000042888-24-000008","form_type":"8-K","ticker":"GGG","cik":"0000042888","company_name":"GRACO INC","filed_at":"2024-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.616683+00:00","generated_at":"2026-06-06T00:28:56.242253+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Graco appoints J. Kevin Gilligan as Board Chair; two directors retiring in April 2024","bullets":["J. Kevin Gilligan appointed Chair of the Board and Governance Committee effective Feb 16, 2024.","Lee R. Mitau, aged 75, will retire at the April 26, 2024 Annual Meeting per governance guidelines.","R. William Van Sant will also retire at the Annual Meeting and will not stand for re-election."],"urls":{"canonical":"https://secwatch.observer/filing/0000042888-24-000008","json":"https://secwatch.observer/filing/0000042888-24-000008.json","markdown":"https://secwatch.observer/filing/0000042888-24-000008.md","text":"https://secwatch.observer/filing/0000042888-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/42888/000004288824000008/0000042888-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42888/000004288824000008/ggg-20240216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T00:28:56.242253+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"417be80f45","claim":"Lee R. Mitau departed as Director at GRACO INC.","evidence_excerpt":"Mr. Mitau reached age 75 in October 2023, and therefore will retire from the Board effective as of the Company’s Annual Meeting of Shareholders to be held on April 26, 2024 (“Annual Meeting”), in accordance with the retirement standards set forth in the Company’s Corporate Governance Guidelines.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/42888/000004288824000008/0000042888-24-000008-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will retire"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"498c3bb3df","claim":"R. William Van Sant departed as Director at GRACO INC.","evidence_excerpt":"R. William Van Sant, whose current term as a director on the Board will expire as of the Annual Meeting, will also retire from the Board effective as of such date and will not stand for re-election at the Annual Meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/42888/000004288824000008/0000042888-24-000008-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will retire"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8bb6ca05da","claim":"J. Kevin Gilligan was appointed as Chair of the Board at GRACO INC.","evidence_excerpt":"On February 16, 2024, the Board of Directors (the “Board”) of Graco Inc. (the “Company”) appointed J. Kevin Gilligan as Chair of the Board and as Chair of the Governance Committee, in each case effective as of such date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/42888/000004288824000008/0000042888-24-000008-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chair of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}