Graham Corp (NYSE: GHM) chair exercises 6,089 RSUs, 1,800 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Graham Corp Executive Chairman Daniel J. Thoren reported compensation-related equity activity involving restricted stock units and common shares. On May 17, 2026, he exercised 6,089 restricted stock units that convert into common stock on a one-for-one basis, receiving the same number of common shares.
To cover tax withholding obligations upon the vesting of these RSUs, 1,800 common shares were withheld at $98.28 per share rather than being sold in the open market. After these transactions, Thoren directly held 358,412 common shares.
He also continues to hold RSU awards that convert into common stock, including awards linked to 1,588 and 11,086 underlying common shares that vest in scheduled annual installments through 2028. The filing characterizes these movements as exercises and tax withholding, not open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,089 shares exercised/converted
Mixed
5 txns
Insider
Thoren Daniel J.
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,089 | $0.00 | -- |
| Exercise | Common Stock | 6,089 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,800 | $98.28 | $177K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 358,412 shares (Direct, null)
Footnotes (1)
- These restricted stock units convert into common stock on a one-for-one basis ("RSUs"). Includes 540 shares acquired under the Graham Corporation Employee Stock Purchase Plan. Shares withheld to cover tax withholding obligations upon the vesting of RSUs. These RSUs vested on 5/17/2026. These RSUs vest in substantially equal installments on each of 6/4/2026 and 6/4/2027, except as otherwise provided in the award notice. These RSUs vest one-third on each of 6/2/2026, 6/2/2027 and 6/2/2028, except as otherwise provided in the award notice.
Key Figures
RSUs exercised: 6,089 shares
Shares withheld for taxes: 1,800 shares at $98.28
Direct common shares held: 358,412 shares
+3 more
6 metrics
RSUs exercised
6,089 shares
Restricted stock units converted into common stock on May 17, 2026
Shares withheld for taxes
1,800 shares at $98.28
Tax-withholding disposition on vesting date
Direct common shares held
358,412 shares
Total direct ownership after May 17, 2026 transactions
Remaining RSU underlying shares (grant 1)
1,588 shares
RSUs converting one-for-one into common stock, vesting in installments
Remaining RSU underlying shares (grant 2)
11,086 shares
RSUs vesting one-third on June 2, 2026, 2027 and 2028
Tax-withholding code
Code F
Payment of tax liability by delivering 1,800 securities
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, tax withholding obligations, vest
4 terms
Restricted Stock Units financial
"These restricted stock units convert into common stock on a one-for-one basis ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Includes 540 shares acquired under the Graham Corporation Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"Shares withheld to cover tax withholding obligations upon the vesting of RSUs."
vest financial
"These RSUs vest one-third on each of 6/2/2026, 6/2/2027 and 6/2/2028, except as otherwise provided in the award notice."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did GRAHAM CORP (GHM) report for Daniel J. Thoren on this Form 4?
The Form 4 shows Executive Chairman Daniel J. Thoren exercised 6,089 restricted stock units into common shares and had 1,800 shares withheld to satisfy tax obligations, updating his direct ownership and remaining equity awards.
Were any of Daniel J. Thoren’s GHM transactions open-market buys or sells?
No open-market purchases or sales are reported. The filing describes an option-like RSU exercise for 6,089 shares and a tax-withholding disposition of 1,800 shares, which were withheld by the company to cover tax obligations on vested RSUs.
What restricted stock units remain outstanding for Daniel J. Thoren at GRAHAM CORP?
The filing shows remaining RSU awards tied to 1,588 and 11,086 underlying common shares. These RSUs vest in substantially equal installments on June 4, 2026 and 2027, and one-third annually on June 2, 2026, 2027, and 2028.