GGG - Engaging In Insider Activity MARK SHEAHAN At Graco Exercises Options | Benzinga
On February 20, it was revealed in an SEC filing that MARK SHEAHAN, President and CEO at Graco (NYSE:GGG) executed a significant exercise of company stock options.
What Happened: In an insider options sale disclosed in a Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission, SHEAHAN, President and CEO at Graco, exercised stock options for 0 shares of GGG. The transaction value amounted to $0.
The Tuesday morning market activity shows Graco shares down by 0.85%, trading at $87.4. This implies a total value of $0 for SHEAHAN's 0 shares.
About Graco
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.
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