Form 4: Graham Corp Director Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Graham Corporation director Jonathan W. Painter reported transactions involving restricted stock units and common stock.
Summary
- Jonathan W. Painter, a Director at Graham Corporation, has reported transactions related to his beneficial ownership of company stock.
- These transactions include the vesting of restricted stock units (RSUs) and the grant of new RSUs.
- Specifically, 1,956 RSUs vested on June 2, 2026, which are payable in common stock upon separation from service.
- Additionally, 905 RSUs were granted on June 1, 2026, under the 2020 Equity Incentive Plan, vesting on June 1, 2027.
- Painter's direct beneficial ownership of common stock following these transactions is 34,556 shares, which includes 11,283 vested RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents routine insider transactions related to equity compensation rather than significant strategic shifts or performance indicators.
Positives
- Director Jonathan W. Painter's beneficial ownership of Graham Corporation stock remains significant.
- The vesting of 1,956 RSUs indicates continued commitment and potential future shareholding upon service completion.
- The grant of 905 new RSUs suggests ongoing incentive alignment between management and shareholders.
Risks
- The vesting of RSUs is contingent upon the reporting person's separation from service as a director, introducing a potential risk of forfeiture if service is not completed.
- The new RSUs granted are subject to a vesting schedule, meaning they are not immediately available to the reporting person.
Future Outlook
The filing does not contain forward-looking statements or guidance. It solely reports on past transactions and current beneficial ownership.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This filing is typical for a director managing their equity compensation.
Stakeholder Impact
- Shareholders gain insight into director compensation and potential future share dilution or increase in outstanding shares.
- Employees may observe executive compensation practices, which can influence morale and retention.
- Creditors are not directly impacted by this type of filing.
Next Steps
- The 1,956 vested RSUs will become payable in shares of common stock upon Jonathan W. Painter's separation from his director service.
- The 905 granted RSUs will vest on June 1, 2027, and will convert into common stock on a one-for-one basis.
Key Dates
| Date | Description |
|---|---|
| 06/01/2026 | Earliest transaction date reported; grant date for 905 Restricted Stock Units. |
| 06/02/2026 | Vesting date for 1,956 Restricted Stock Units. |
| 06/03/2026 | Date the Form 4 was signed by the attorney-in-fact. |
| 06/01/2027 | Vesting date for the 905 Restricted Stock Units granted on 06/01/2026. |
Keywords
Graham Corporation, GHM, Form 4, Insider Trading, Stock Options, Restricted Stock Units, Director Compensation, Beneficial Ownership, SEC Filing
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