UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 18, 2024, Graco Inc. (the “Company”) announced forthcoming leadership changes as part of a global, growth-oriented organizational redesign. Caroline M. Chambers, President, EMEA, will depart the Company effective December 31, 2024. In connection with her departure, Ms. Chambers will be entitled to receive severance benefits as provided under her Key Employee Agreement, subject to her execution of a release of claims for the benefit of the Company and its affiliates.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits |
| 99.1 | Press Release dated September 18, 2024. | |
| 104 | Cover Page Interactive Data File (included within the Inline XBRL document). | |
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| GRACO INC. | ||||||
| Date: September 18, 2024 | By: | /s/ Joseph James Humke | ||||
| Joseph James Humke | ||||||
| Its: Executive Vice President, General Counsel and Corporate Secretary | ||||||