Form 4: Graham Corp Director Troy A. Stoner Reports Stock Vesting

Director Troy A. Stoner reported the vesting of restricted stock units convertible to 6,393 shares of Graham Corp common stock on May 17, 2024.

Summary

• On May 17, 2024, Troy A. Stoner, a director of Graham Corporation, reported the vesting of 6,393 restricted stock units.
• These units convert into common stock on a one-for-one basis.
• Following the transaction, Stoner beneficially owns 13,733 shares of common stock, including the vested restricted stock units.
• The vested restricted stock units become payable upon separation of Stoner's service as a director.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock vesting, neither particularly positive nor negative.

Future Outlook

The vested restricted stock units will become payable upon the director's separation from service.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, transact in their company's stock, providing transparency to investors.

Stakeholder Impact

• The vesting of restricted stock units increases the number of shares beneficially owned by a director, which could signal confidence in the company's future performance.

Key Dates