secwatch.observer — SEC 8-K summary
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Issuer:     GRACO INC (GGG)
CIK:        0000042888
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0000042888-24-000020
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42888/000004288824000020/0000042888-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42888/000004288824000020/ggg-20240426.htm
  HTML page:      https://secwatch.observer/filing/0000042888-24-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer