secwatch.observer — SEC 8-K summary
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Issuer:     GRACO INC (GGG)
CIK:        0000042888
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001193125-26-085816
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graco appoints Sanjiv Gupta as CFO effective April 15; Lowe to retire after 30+ years
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- Sanjiv Gupta, former GM VP & CFO International, named CFO and Treasurer effective April 15, 2026.
- David M. Lowe, CFO since 2021, retiring after more than 30 years with Graco; will assist transition through May 2026.
- Gupta's compensation: $575K base salary, 75% bonus target, $65K cash bonus after 60 days, plus equity awards totaling $2.575M (options + RSUs).
- Gupta brings over 20 years at GM in finance and operations, including President & MD of GM India.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42888/000119312526085816/0001193125-26-085816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42888/000119312526085816/d104194d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-085816

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