{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-455736","form_type":"8-K","ticker":"GGG","cik":"0000042888","company_name":"GRACO INC","filed_at":"2026-11-10T22:13:39+00:00","discovered_at":"2026-11-10T22:16:00.277407+00:00","generated_at":"2026-11-10T22:16:04.422521+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Graco signs $600M accelerated share repurchase with Bank of America, about 5% of shares outstanding","bullets":["$600M upfront payment to Bank of America, N.A. on Nov. 11, 2026; initial delivery of ~6.9M shares, ~80% of $600M divided by the Nov. 10 closing price.","ASR equals roughly 5% of Graco's outstanding shares; funded with cash on hand plus borrowings under the existing revolving credit facility.","Final share count set at settlement on the volume-weighted average price less a discount; settlement slated for March 2027, may finish earlier at Bank of America's election.","~17M shares remained available under the current buyback authorization as of Nov. 10, 2026, after the Dec. 2025 board authorization of up to 15M shares.","CEO Mark Sheahan said shares 'represent an attractive investment at current levels' and the ASR preserves flexibility for organic growth and acquisitions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-455736","json":"https://secwatch.observer/filing/0001193125-26-455736.json","markdown":"https://secwatch.observer/filing/0001193125-26-455736.md","text":"https://secwatch.observer/filing/0001193125-26-455736.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/42888/000119312526455736/0001193125-26-455736-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42888/000119312526455736/d125383d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T22:16:04.422521+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}