Form 4: Graham Corp Director Troy A. Stoner Reports Changes in Beneficial Ownership

Director Troy A. Stoner reports acquisition of restricted stock units in Graham Corp.

Summary

• On June 4, 2024, Troy A. Stoner, a director of Graham Corp, reported changes in beneficial ownership.
• Stoner acquired 2,934 restricted stock units (RSUs) that convert into common stock on a one-for-one basis.
• These RSUs were granted under the 2020 Graham Corporation Equity Incentive Plan and vest on the first anniversary of the grant date.
• The RSUs become payable in common stock upon Stoner's separation from service as a director.
• Following the reported transaction, Stoner beneficially owns 13,733 shares of common stock, including 6,393 vested restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service as a director.

Future Outlook

The restricted stock units vest on the first anniversary of the grant date, suggesting a continued commitment from the director.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence.

Key Dates