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home / articles / GGG - Breaking Update: Eric Etchart Engages In Options Exercise At Graco | Benzinga


GGG - Breaking Update: Eric Etchart Engages In Options Exercise At Graco | Benzinga

Highlighted on February 20, it was unveiled in an SEC filing that Etchart, Board Member at Graco (NYSE:GGG), executed a significant transaction involving the exercise of company stock options.

What Happened: A notable Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission revealed that Etchart, Board Member at Graco, exercised stock options for 0 shares of GGG, resulting in a transaction value of $0.

Graco shares are currently trading down by 0.85%, with a current price of $87.4 as of Tuesday morning. This brings the total value of Etchart's 0 shares to $0.

Discovering Graco: A Closer Look

Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.2 billion in sales in 2023.

Graco: Financial Performance Dissected

Revenue Growth: Graco displayed positive results in 3 months. As of 31 December, 2023, the company achieved ...

Full story available on Benzinga.com

Stock Information

Company Name: Graco Inc.
Stock Symbol: GGG
Market: NYSE
Website: graco.com

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