Form 4: Gorman Rupp Co: Director Gorman Reports Changes in Beneficial Ownership

Director Jeffrey S. Gorman reports changes in beneficial ownership of Gorman Rupp Co stock, including disposals and acquisitions through trusts and a 401-K plan.

Summary

• On February 19, 2025, Jeffrey S. Gorman, a director and 10% owner of Gorman Rupp Co, reported changes in his beneficial ownership of the company's common stock.
• He disposed of 3,725 shares held indirectly through the Jeffrey S. Gorman Trust Custody and 3,325 shares held indirectly through the Michelle S. Gorman Trust 2021.
• He acquired 6,650 shares held indirectly through Family.
• These transactions did not involve a monetary exchange, indicated by a price of $0.
• Following these transactions, Gorman's total indirect beneficial ownership includes shares held through various trusts (Jeffrey S. Gorman Trust Custody, 2011 Jeffrey S. Gorman Trust (Mechanics), Jeffrey S. Gorman Trust (BR), Michelle S. Gorman Trust 2021, 401-K Trust, and Family.
• The report was filed on February 20, 2025, by Brigette A. Burnell, Attorney-in-Fact for Jeffrey S. Gorman.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their trading activities. It allows investors to monitor the actions of key individuals within the company.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
• The filing ensures transparency, which can build trust with stakeholders.

Key Dates

Keywords

beneficial ownership, Gorman Rupp Co, Jeffrey S. Gorman, Form 4, director, stock, transactions, trusts, 401-K plan