Form 4: Gorman-Rupp Co. Executive Reports Stock Transactions
SEC Form 4
D. Patrick Wischmeier, VP of Information Technology at Gorman-Rupp Co., reports the withholding of shares for tax liability and holdings of common stock and stock units.
Summary
- D. Patrick Wischmeier, VP of Information Technology at Gorman-Rupp Co., filed a Form 4 detailing changes in beneficial ownership of company stock on March 6, 2025.
- The transactions included the withholding of 845 shares of common stock for payment of tax liability related to the vesting of 2,801 stock units.
- Following the reported transactions, Wischmeier directly owns 11,570 shares of common stock, which includes 4,278 unvested stock units.
- Wischmeier also indirectly owns 6,193 shares through a 401-K plan, and directly owns 2,351 shares through a company stock plan and 193 shares through a dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of Earliest Transaction and Date of Report |
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