Form 4: Graham Corp. President and COO Matthew Malone Reports New RSU Grant and Updated Equity Holdings

Graham Corporation's President and COO, Matthew Malone, reported the grant of 7,622 restricted stock units and updated his beneficial ownership of common stock and other restricted stock units.

Summary

• Matthew Malone, President and COO of Graham Corporation (GHM), reported his beneficial ownership and recent equity transactions in a Form 4 filing.
• He directly holds 46,662 shares of Graham Corporation Common Stock.
• On June 2, 2025, Mr. Malone was granted 7,622 Restricted Stock Units (RSUs) under the 2020 Graham Corporation Equity Incentive Plan. These RSUs are scheduled to vest one-third on June 2, 2026, June 2, 2027, and June 2, 2028.
• He also holds 2,375 RSUs from a prior grant, with the remaining balance set to vest on May 17, 2026, following two-thirds having vested on May 17, 2024, and May 17, 2025.
• Additionally, Mr. Malone holds 3,873 RSUs from another grant, which vest one-third on June 4, 2025, June 4, 2026, and June 4, 2027.
• All restricted stock units convert into common stock on a one-for-one basis with a conversion price of $0.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as the grant of restricted stock units aligns the interests of a key executive with shareholders and serves as a retention mechanism, although it also implies future share dilution upon vesting.

Positives

• The grant of Restricted Stock Units (RSUs) to a key executive like Matthew Malone aligns management's long-term interests with those of shareholders, as the value of the compensation is directly tied to the company's stock performance.
• The multi-year vesting schedule for the RSUs serves as an incentive for executive retention, promoting stability in leadership.

Negatives

• The future vesting and conversion of these restricted stock units into common stock will result in a minor dilution of existing shareholder equity.

Risks

• No specific risks related to company operations, financial performance, or market conditions are mentioned in this Form 4 filing, as its primary purpose is to report insider ownership changes.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future financial performance or strategic outlook, as its purpose is to report insider ownership changes.

Industry Context

This Form 4 filing is specific to an insider transaction at Graham Corporation and does not provide information relevant to broader industry trends or competitive analysis. The grant of restricted stock units is a common practice in executive compensation across various industries to align management incentives with shareholder interests.

Related Party Transactions

• The grant of Restricted Stock Units to Matthew Malone, an executive officer, constitutes a related party transaction as it involves compensation from the company to an insider.

Stakeholder Impact

• Shareholders: The vesting and conversion of RSUs will lead to a minor increase in the number of outstanding shares, resulting in slight dilution. However, the RSU grants are intended to align executive incentives with long-term shareholder value creation.
• Employees: The RSU grants are part of the executive compensation structure, which can influence overall compensation practices within the company.

Next Steps

• Vesting of 7,622 Restricted Stock Units will occur in one-third installments on June 2, 2026, June 2, 2027, and June 2, 2028.
• The remaining balance of 2,375 Restricted Stock Units is scheduled to vest on May 17, 2026.
• Vesting of 3,873 Restricted Stock Units will occur in one-third installments on June 4, 2025, June 4, 2026, and June 4, 2027.

Key Dates

Keywords

Graham Corporation, GHM, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Beneficial Ownership, Matthew Malone, Equity Incentive Plan