---
schema_version: "secwatch.filing_event.v1"
accession: "0000042888-24-000020"
form_type: "8-K"
ticker: "GGG"
cik: "0000042888"
company_name: "GRACO INC"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:50:06.038342+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Two directors retire; shareholders approve 5M share increase to stock plan

## Summary
- Lee R. Mitau (age 75) and R. William Van Sant retired from Graco's Board effective April 26, 2024.
- Amended 2019 Stock Incentive Plan approved, adding 5,000,000 shares and extending term to April 26, 2034.
- Directors elected: Heather L. Anfang, Archie C. Black, Brett C. Carter for three-year terms.
- Shareholders ratified Deloitte as auditor, approved say-on-pay, and approved the stock plan.

## SEC filing metadata
- accession: 0000042888-24-000020
- form_type: 8-K
- ticker: GGG
- cik: 0000042888
- company_name: GRACO INC
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42888/000004288824000020/0000042888-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42888/000004288824000020/ggg-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000042888-24-000020
- JSON: https://secwatch.observer/filing/0000042888-24-000020.json
- Plain text: https://secwatch.observer/filing/0000042888-24-000020.txt

## Key facts
- Executive change
  R. William Van Sant retired as Director at GRACO INC.
  - Action: retired
  - Role: Director
  source text: On April 26, 2024, Lee R. Mitau and R. William Van Sant retired from the Board of Directors (the “Board”) of Graco Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/42888/000004288824000020/0000042888-24-000020-index.htm
- Executive change
  Lee R. Mitau retired as Director at GRACO INC.
  - Action: retired
  - Role: Director
  source text: On April 26, 2024, Lee R. Mitau and R. William Van Sant retired from the Board of Directors (the “Board”) of Graco Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/42888/000004288824000020/0000042888-24-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.