Form 4: Graham Corp Director James J. Barber Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director James J. Barber reports acquisition of 2,934 restricted stock units in Graham Corporation.
Summary
- James J. Barber, a director of Graham Corporation, filed a Form 4 on June 6, 2024, reporting a transaction that occurred on June 4, 2024.
- The transaction involved the acquisition of 2,934 restricted stock units (RSUs) under the 2020 Graham Corporation Equity Incentive Plan.
- These RSUs convert into common stock on a one-for-one basis and vest on the first anniversary of the grant date.
- Following the reported transaction, Barber directly owns 50,901 shares of Graham Corporation common stock and 2,934 restricted stock units.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock units granted to a director. It doesn't inherently indicate positive or negative performance.
Positives
- The acquisition of restricted stock units by a director signals confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of transaction: Acquisition of restricted stock units. |
| 06/06/2024 | Date of Form 4 filing. |
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