Form 4: Graham Corp Executive Alan E. Smith Reports Stock Transactions

Alan E. Smith, VP & General Manager Batavia at Graham Corporation, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership.

Summary

• On May 17, 2025, Alan E. Smith, VP & General Manager Batavia at Graham Corporation, reported transactions involving common stock and restricted stock units.
• 2,374 restricted stock units converted into common stock at a price of $0.
• 1,164 shares were withheld to cover tax obligations at a price of $37.29 per share.
• Following these transactions, Smith directly owns 50,561 shares of common stock.
• Smith also holds 2,375 restricted stock units that vest on 5/17/2026, 3,053 restricted stock units that vest on 5/23/2025, 18,315 restricted stock units that vest on 5/23/2025, and 3,873 restricted stock units that vest over three years starting 6/4/2025.

Sentiment

Score: 5

Explanation: This Form 4 filing is a routine disclosure of insider transactions and does not inherently indicate positive or negative sentiment. It reflects standard compensation practices.

Positives

• The vesting of restricted stock units suggests that Smith has met certain performance or tenure requirements.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units as a way to align management's interests with those of shareholders.
• Vesting schedules for restricted stock units typically range from one to five years, with vesting often tied to performance metrics or continued employment.
• Tax withholding upon vesting of restricted stock units is a standard practice across publicly traded companies.

Stakeholder Impact

• The transactions reported in this Form 4 filing have a minimal direct impact on stakeholders.
• The vesting of restricted stock units is part of Smith's compensation package and does not directly affect shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Graham Corp, GHM, Alan E. Smith, restricted stock units, beneficial ownership, insider trading