GGG - Notable Insider Move: JODY FERAGEN Takes Part In Options Exercise At Graco | Benzinga
On February 20, it was revealed in an SEC filing that JODY FERAGEN, Board Member at Graco (NYSE:GGG) executed a significant exercise of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday revealed that FERAGEN, Board Member at Graco in the Industrials sector, exercised stock options for 0 shares of GGG stock. The exercise price of the options was $0.0 per share.
As of Tuesday morning, Graco shares are down by 0.85%, with a current price of $87.4. This implies that FERAGEN's 0 shares have a value of $0.
Get to Know Graco Better
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.
Financial Insights: Graco
Revenue Growth: Graco's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 5.0%. This ...