Form 4: Graham Corp Executive Adjusts Holdings
Statement of Changes in Beneficial Ownership
Graham Corporation's Executive Chairman, Daniel J. Thoren, reported transactions involving restricted stock units and common stock.
Summary
- Daniel J. Thoren, Executive Chairman of Graham Corporation, reported transactions on June 4, 2026.
- These transactions involved the conversion of 5,543 restricted stock units (RSUs) into common stock.
- Additionally, 1,593 shares were withheld to cover tax obligations upon the vesting of RSUs.
- Following these transactions, Thoren beneficially owns 362,532 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine executive compensation transactions and does not indicate significant changes in beneficial ownership or new strategic information.
Positives
- Vesting of restricted stock units indicates continued equity-based compensation and potential future value realization for management.
- The withholding of shares for tax purposes suggests that the vested RSUs have a positive value, implying an increase in the stock's worth.
Negatives
- Shares were withheld for tax purposes, representing a reduction in the net shares acquired by the reporting person.
Future Outlook
The filing details the vesting schedules for various tranches of restricted stock units, with some vesting in installments through June 2, 2028, and others through June 1, 2029. This indicates ongoing equity awards and potential future share issuances.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The details provided by Daniel J. Thoren regarding his holdings and the conversion of RSUs are typical for executives managing their equity compensation and tax liabilities.
Stakeholder Impact
- Shareholders: The transactions reflect standard executive compensation practices and do not immediately suggest a change in the company's strategic direction or financial health.
Next Steps
- Continued vesting of restricted stock units according to the outlined schedules through 2029.
Key Dates
| Date | Description |
|---|---|
| 06/04/2026 | Earliest transaction date reported in the filing. |
| 06/08/2026 | Date the statement was signed. |
Keywords
Graham Corporation, GHM, Form 4, SEC Filing, Insider Trading, Restricted Stock Units, Executive Compensation, Beneficial Ownership
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