Form 4: Graham Corp CFO Christopher Thome Reports Equity Award Vesting and Tax-Related Share Disposition

Graham Corporation's VP-Finance and CFO, Christopher J. Thome, reported the vesting of performance-based restricted stock units resulting in the acquisition of 7,436 common shares, alongside the disposition of 2,680 shares for tax obligations.

Summary

• Christopher J. Thome, VP-Finance and CFO of Graham Corporation (GHM), acquired 7,436 shares of common stock on June 9, 2025, through the vesting of performance-based restricted stock units.
• These units were granted under the 2020 Graham Corporation Equity Incentive Plan and vested after a three-year period ending March 31, 2025, based on the company's achievement of pre-determined performance measures.
• Concurrently, Mr. Thome disposed of 2,680 shares of common stock on June 9, 2025, at a price of $44.66 per share, to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Mr. Thome's direct beneficial ownership of common stock is 27,360 shares.
• He also holds 3,287 restricted stock units that are scheduled to vest in substantially equal installments on June 4, 2026, and June 4, 2027.
• An additional 2,375 restricted stock units are held, which are scheduled to vest on May 17, 2026.
• Furthermore, 3,299 restricted stock units are held, scheduled to vest one-third on June 2, 2026, June 2, 2027, and June 2, 2028.

Sentiment

Score: 7

Explanation: The sentiment is positive as it reflects the successful vesting of performance-based equity awards, indicating the company met its performance targets. The disposition for tax purposes is a routine and expected part of such transactions and does not detract significantly from the overall positive signal of executive compensation vesting.

Positives

• Christopher J. Thome, VP-Finance and CFO, acquired 7,436 shares of common stock through the vesting of performance-based restricted stock units, indicating the company's achievement of pre-determined performance targets.
• The vesting of performance-based restricted stock units aligns management's interests with shareholder value creation.

Negatives

• 2,680 shares of common stock were disposed of to cover tax withholding obligations, which reduced the net shares acquired from the vesting event.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The vesting of performance-based equity awards aligns the interests of management with shareholders, potentially encouraging long-term value creation. The disposition of shares for tax purposes is a minor, routine event.
• Employees: The existence of an Equity Incentive Plan suggests a framework for employee incentives, potentially boosting morale and retention.

Next Steps

• Future vesting of 3,287 restricted stock units in substantially equal installments on June 4, 2026, and June 4, 2027.
• Future vesting of 2,375 restricted stock units on May 17, 2026.
• Future vesting of 3,299 restricted stock units one-third on June 2, 2026, June 2, 2027, and June 2, 2028.

Key Dates

Keywords

Graham Corp, GHM, SEC Form 4, Insider Trading, Stock Award, Restricted Stock Units, Equity Incentive Plan, Executive Compensation, Share Vesting, Tax Withholding, Christopher J. Thome, CFO, VP-Finance