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AI brief of an SEC Form 8-K · Graco (GGG)

Graco Names Sanjiv Gupta CFO; David Lowe to Retire After Three Decades

Neutral Impact 4 of 5 leadership Written later

Graco Inc. appointed Sanjiv Gupta, currently Vice President & Chief Financial Officer, GM International at General Motors, as its Chief Financial Officer and Treasurer effective April 15, 2026. He succeeds David M. Lowe, who gave notice of his retirement on February 27, 2026 and will stay in a non-executive role through May 2026 to assist the transition.

Key points

  • Sanjiv Gupta, age 52, becomes CFO and Treasurer effective April 15, 2026, succeeding David M. Lowe.
  • Gupta's base salary is $575,000, with an annual incentive target of 75% of base salary.
  • Gupta receives a sign-on stock option award with a grant date fair value of $1,175,000, plus an equity award of $1,400,000 that includes $1,120,000 in RSUs and $280,000 in stock options.
  • Lowe remains with the company in a non-executive capacity through May 2026.

The filing

CompanyGraco (GGG)
Form8-K, current report
Filed with the SECMar 2, 2026, 5:29 PM ET
Accession number0001193125-26-085816

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 02, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.