Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Mark W. Sheahan earned $2.31M in total compensation at Graco, including $985.00K salary and $1.30M bonus. Most recently sold 12,884 shares in Jan 2024. Currently holds stock worth $8.17M. 4+ years at the helm of Graco.

Compensation History

Annual executive compensation data for Mark W. Sheahan, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.31M

Salary

$985.00K

Bonus

$1.30M

Other

$26.76K

Salary

$985.00K

Board Justification

The compensation program is designed to reward short-term results and motivate long-term performance through a mix of base salary, short-term incentives, and long-term incentives, aligning executive interests with shareholder value.

Bonus

$1.30M

Board Justification

Based on 2023 corporate Net Sales and corporate Incentive EPS performance, Mr. Sheahan received a bonus payment under the Incentive Bonus Plan, representing 132% of his target award.

Other Compensation

$26.76K

Board Justification

Other compensation includes employee investment plan matching contributions and perquisites.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants were vested in 2023.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included Net Sales and Incentive EPS growth.

G

Mark W. Sheahan

CEO of Graco

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1965 - 60 years ago

CEO of Graco for

4 years 5 months (Jun 2021 - Present)

Previous Experience

Vice President and General Manager of Applied Fluid Technologies Division from 2008 to 2018.

Holdings

Track Mark W. Sheahan's stock holdings and portfolio value over time.

Total Stock Sold

$25.59M

GGG

$25.59M

767,120 GGG shares

What if they kept their stock?

If Mark W. Sheahan didn't sell their stock, today they would have:
Extra GGG767,120 shares worth $63.99M.
This is 150.12% and $38.41M more than what they got when they sold the stock.

Insider Trading

Mark W. Sheahan's recent stock transactions, purchases, and sales filed with the SEC.

GGG

$1.07M

GGG at $83.37/share

Jan 5, 2024

Sale

GGG

$99.83K

GGG at $79.04/share

Jul 31, 2023

Purchase

GGG

$3.66M

GGG at $67.79/share

Nov 11, 2020

Sale

GGG

$2.99M

GGG at $53.58/share

Aug 3, 2020

Sale

GGG

$2.55M

GGG at $47.17/share

Feb 26, 2019

Sale

GGG

$3.94M

GGG at $131.49/share

Oct 30, 2017

Sale

GGG

$3.72M

GGG at $79.13/share

Nov 10, 2016

Sale

GGG

$41.16K

GGG at $69.53/share

Feb 1, 2016

Purchase

GGG

$3.87M

GGG at $73.73/share

Aug 1, 2013

Sale

GGG

$2.31M

GGG at $61.62/share

May 7, 2013

Sale

Rivals

Compare Mark W. Sheahan with competitor CEOs and industry peers.