Insider Trading February 2, 2026

Graco Director Disposes $1.25M in Stock After Exercising Options; Q4 Results Align with Expectations

Claudio Merengo sold 14,410 shares and exercised an equal number of options the same day as the company reported quarter in line with estimates

By Caleb Monroe GGG
Graco Director Disposes $1.25M in Stock After Exercising Options; Q4 Results Align with Expectations
GGG

Claudio Merengo, President of Graco's Global Powder Division, sold 14,410 shares of Graco Inc. on January 30, 2026, generating $1.25 million in proceeds, and concurrently exercised 14,410 options at $30.3467 per share. Graco's fourth-quarter 2025 results matched analyst EPS expectations and slightly beat revenue estimates, aided by roughly $5 million in one-time upfront license fees in its Expansion Markets segment. Goldman Sachs raised its price target while keeping a Neutral rating.

Key Points

  • Director Claudio Merengo sold 14,410 shares on January 30, 2026, for $1.25 million, at prices between $87.00 and $87.19.
  • Merengo exercised options to acquire 14,410 shares at $30.3467 per share the same day, for a total exercise cost of $437295; post-transactions he directly owns 19852.8467 shares.
  • Graco's Q4 2025 results met EPS expectations at 77 cents and slightly beat revenue estimates with $593 million; roughly $5 million of one-time upfront license fees boosted Expansion Markets EBIT.
  • Goldman Sachs raised its price target to $89 from $83 but retained a Neutral rating on the stock.

Claudio Merengo, who serves as President of the Global Powder Division at Graco Inc. (NYSE: GGG), carried out a pair of equity transactions on January 30, 2026. On that date he sold 14,410 shares of Graco common stock for aggregate proceeds of $1.25 million, with the stock selling in a range between $87.00 and $87.19 per share.

On the same day, Merengo also exercised options to acquire 14,410 shares of Graco common stock at an exercise price of $30.3467 per share, representing a total exercise cost of $437295. After these transactions were completed, Merengo's direct ownership in Graco stood at 19852.8467 shares.


Separately, Graco released fourth-quarter 2025 financial results that were consistent with market expectations. The company reported earnings per share of 77 cents, meeting the consensus estimate. Revenue for the quarter was $593 million, narrowly exceeding the projection of $590.91 million.

The reported performance reflected a contribution from approximately $5 million in one-time upfront license fees, which were included in earnings before interest and taxes (EBIT) within the Expansion Markets segment. These non-recurring fees provided an incremental boost to the segment's operating results for the quarter.

Following the release of the results, Goldman Sachs adjusted its valuation outlook for Graco by raising its price target to $89 from $83. Despite the higher target, the firm maintained a Neutral rating on the stock.


The combination of the insider transactions and the earnings release provides investors with both a snapshot of insider liquidity actions and the company's latest reported operating performance. Details on the transactions and the quarter's results are precise: the sale and option exercise both involved 14,410 shares; the sale produced $1.25 million in proceeds with per-share trade prices between $87.00 and $87.19; the option exercise price was $30.3467 per share for a total of $437295; and Merengo's resulting direct share ownership is 19852.8467 shares.

  • Reported EPS: 77 cents for Q4 2025.
  • Quarterly revenue: $593 million compared with expected $590.91 million.
  • One-time items: About $5 million in upfront license fees included in Expansion Markets EBIT.
  • Analyst action: Goldman Sachs raised its price target to $89 from $83 while keeping a Neutral rating.

Risks

  • The quarter's EBIT in Expansion Markets included approximately $5 million in one-time upfront license fees, indicating that part of the reported operating performance was driven by non-recurring items.
  • Goldman Sachs maintained a Neutral rating despite increasing its price target, showing that analyst sentiment remained cautious even after the adjustment.
  • Insider selling and simultaneous option exercises alter reported insider ownership levels and may introduce short-term volatility in the company's equity.

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