Form 4: Gorman-Rupp EVP Brigette A. Burnell Reports Stock Transactions
SEC Form 4 Filing
Brigette A. Burnell, EVP, General Counsel & Secretary of Gorman-Rupp Co, reports the withholding of shares for tax liability and updates to her beneficial ownership.
Summary
- On March 6, 2025, Brigette A. Burnell, EVP, General Counsel & Secretary of Gorman-Rupp Co, reported transactions related to Gorman-Rupp Co [GRC] stock.
- 3,018 shares of common stock were disposed of to cover tax liabilities upon the vesting of 10,024 stock units.
- Following the reported transactions, Burnell directly owns 35,354 shares of common stock, which includes 13,711 unvested stock units granted under the Company's equity incentive plans.
- Burnell also indirectly owns 362 shares through a 401-K plan, and directly owns 2,545 shares through the Company Stock Plan and 949 shares through the Dividend Reinvestment Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity related to compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of earliest transaction and filing date. |
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