Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 12, 2026, Brett C. Carter notified the Board of Directors (the "Board") of Graco Inc. (the "Company") of his decision to resign as a member of the Company's Board effective February 13, 2026. Mr. Carter's resignation is not due to any disagreement with the Board or Company management on any matter relating to the Company's operations, policies or practices, but instead is intended to allow Mr. Carter to more fully pursue other commitments. Mr. Carter served on the Board's Audit Committee and Management Organization and Compensation Committee, and his term on the Board would have expired at the 2027 annual meeting of shareholders of the Company.