Form 4: Graham Corporation CFO Christopher Thome Reports Acquisition of Restricted Stock Units

Christopher J. Thome, VP-Finance and CFO of Graham Corporation, reported the acquisition of 3,299 restricted stock units as part of an equity incentive plan, alongside existing RSU holdings.

Summary

• Christopher J. Thome, VP-Finance and CFO of Graham Corporation (GHM), reported changes in his beneficial ownership of company securities via a Form 4 filing.
• On June 2, 2025, Mr. Thome acquired 3,299 Restricted Stock Units (RSUs) under the 2020 Graham Corporation Equity Incentive Plan.
• These newly acquired RSUs convert into common stock on a one-for-one basis and are scheduled to vest one-third on June 2, 2026, June 2, 2027, and June 2, 2028.
• Following this transaction, Mr. Thome beneficially owns a total of 21,553 shares of Common Stock directly.
• Additionally, he holds other Restricted Stock Units: 2,375 units with a balance vesting on May 17, 2026, and 4,930 units vesting one-third on June 4, 2025, June 4, 2026, and June 4, 2027.
• The total number of Restricted Stock Units beneficially owned by Mr. Thome after the reported transaction is 10,604 (3,299 new + 2,375 existing + 4,930 existing).

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as it indicates executive retention and alignment of interests through equity compensation, which is a standard and generally healthy corporate practice. It's not highly positive as it's a routine event rather than a significant positive operational or financial announcement.

Positives

• The grant of 3,299 Restricted Stock Units to the CFO aligns his interests with long-term shareholder value creation.
• The equity incentive plan (2020 Graham Corporation Equity Incentive Plan) is designed to retain key executives and incentivize performance.

Negatives

• The issuance of new Restricted Stock Units could lead to minor share dilution upon vesting, though this is a standard component of executive compensation.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of executive compensation in the form of equity, common across publicly traded companies to align management incentives with shareholder interests.

Comparison to Industry Standards

• The grant of Restricted Stock Units to a senior executive like the CFO is a standard practice in corporate compensation structures across various industries, including manufacturing and industrial sectors where Graham Corporation operates.
• The vesting schedule, typically over several years, is also consistent with industry norms designed to promote long-term retention and performance.

Stakeholder Impact

• Shareholders: Potential minor dilution upon vesting of RSUs, but also improved executive alignment with long-term company performance.
• Employees: May signal stability in executive leadership and adherence to established compensation practices.

Next Steps

• Vesting of 3,299 Restricted Stock Units in one-third installments on June 2, 2026, June 2, 2027, and June 2, 2028.
• Vesting of the balance of 2,375 Restricted Stock Units on May 17, 2026.
• Vesting of 4,930 Restricted Stock Units in one-third installments on June 4, 2025, June 4, 2026, and June 4, 2027.

Key Dates

Recommendation

Keywords

Graham Corporation, GHM, Christopher J. Thome, CFO, Restricted Stock Units, RSU, Equity Incentive Plan, Insider Transaction, SEC Form 4, Executive Compensation, Beneficial Ownership