Form 4: Graham Corp Executive Chairman Equity Vesting

Executive Chairman Daniel J. Thoren acquired 22,101 shares of Graham Corporation common stock following the vesting of performance-based restricted stock units.

Summary

• Daniel J. Thoren, Executive Chairman of Graham Corporation, received 22,101 shares of common stock upon the vesting of performance-based restricted stock units (PSUs).
• The vesting was based on the achievement of pre-determined performance measures over a three-year period ending March 31, 2026.
• A total of 8,095 shares were withheld by the company to satisfy tax obligations related to the vesting event.
• Following these transactions, Mr. Thoren's total beneficial ownership in Graham Corporation is 374,945 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive equity compensation that does not signal a change in company strategy or financial outlook.

Positives

• The vesting of performance-based units indicates the company successfully met pre-determined performance targets over the three-year period ending March 31, 2026.

Negatives

• The transaction involved a tax withholding event, which is a standard but non-cash outflow for the executive.

Risks

• Future vesting of remaining restricted stock units is subject to the terms of the 2020 Graham Corporation Equity Incentive Plan.

Future Outlook

The filing outlines future vesting schedules for remaining restricted stock units through June 2029, contingent upon continued service and plan terms.

Industry Context

StockSavvy.ai notes that this filing is a routine disclosure of executive compensation and equity vesting, which is standard practice for publicly traded companies to maintain transparency regarding insider holdings.

Comparison to Industry Standards

• The use of performance-based restricted stock units (PSUs) with three-year vesting periods is consistent with standard executive compensation practices in the industrial manufacturing sector.

Stakeholder Impact

• Shareholders are informed of the change in insider ownership and the fulfillment of performance-based compensation targets.

Next Steps

• Future vesting of remaining RSU tranches scheduled for June 2027, 2028, and 2029.

Key Dates

Keywords

Graham Corporation, GHM, Form 4, Insider Trading, Equity Incentive Plan, Executive Compensation