Graham Corp (GHM) director boosts equity through RSU vesting and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Graham Corp director Lisa M. Schnorr increased her equity stake through routine equity compensation activity. On 6/2/2026, 1,956 restricted stock units vested and were exercised into 1,956 shares of common stock at no cash exercise price, bringing her directly held common stock to 37,867 shares. A footnote states she also holds 11,283 vested restricted stock units that will be paid in common shares when her board service ends. On 6/1/2026, she received a new grant of 905 restricted stock units under the 2020 Graham Corporation Equity Incentive Plan, which convert one-for-one into common stock and are scheduled to vest on 6/1/2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,956 shares exercised/converted
Mixed
3 txns
Insider
Schnorr Lisa M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,956 | $0.00 | -- |
| Exercise | Common Stock | 1,956 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 905 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 37,867 shares (Direct, null)
Footnotes (1)
- These restricted stock units vested on 6/2/2026 and become payable, on a one-for-one basis, in shares of the Issuer's common stock upon separation of the Reporting Person's service as a director. Includes 11,283 vested restricted stock units that become payable, on a one-for-one basis, in shares of the Issuer's common stock upon separation of the Reporting Person's service as a director. These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on 6/1/2027.
Key Figures
RSUs vested and converted: 1,956 units/shares
Shares held after transaction: 37,867 shares
New RSU grant: 905 units
+2 more
5 metrics
RSUs vested and converted
1,956 units/shares
Restricted stock units vested and became common stock on 6/2/2026
Shares held after transaction
37,867 shares
Directly held Graham Corp common stock following RSU conversion
New RSU grant
905 units
Restricted stock units granted on 6/1/2026, vesting on 6/1/2027
Additional vested RSUs
11,283 units
Vested RSUs payable in common stock upon end of director service
Exercise price for RSUs
$0.00 per unit
RSU conversion and grant recorded with zero cash exercise price
Key Terms
Restricted Stock Units, 2020 Graham Corporation Equity Incentive Plan, Rule 16b-3, one-for-one basis
4 terms
Restricted Stock Units financial
"These restricted stock units vested on 6/2/2026 and become payable, on a one-for-one basis..."
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.
2020 Graham Corporation Equity Incentive Plan financial
"These restricted stock units... were granted under the 2020 Graham Corporation Equity Incentive Plan..."
Rule 16b-3 regulatory
"were granted under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3..."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
one-for-one basis financial
"These restricted stock units, which convert into common stock on a one-for-one basis..."
FAQ
What insider transactions did GRAHAM CORP (GHM) director Lisa Schnorr report?
Director Lisa M. Schnorr reported equity compensation activity, including vesting of 1,956 restricted stock units into common shares and a new grant of 905 restricted stock units. These transactions are routine awards and conversions rather than open-market stock purchases or sales.
What new restricted stock units did GRAHAM CORP (GHM) grant to Lisa Schnorr?
On 6/1/2026, Lisa M. Schnorr received a grant of 905 restricted stock units under the 2020 Graham Corporation Equity Incentive Plan. These units convert into common stock on a one-for-one basis and, unless otherwise provided, are scheduled to vest on 6/1/2027.
Were Lisa Schnorr’s GRAHAM CORP (GHM) transactions open-market buys or sells?
No, the reported transactions were not open-market buys or sells. They reflect an exercise of 1,956 restricted stock units into common stock and a grant of 905 new restricted stock units, both categorized as equity compensation events rather than discretionary market trading.
What do Lisa Schnorr’s vested GRAHAM CORP (GHM) restricted stock units represent?
A footnote explains that 11,283 of Lisa M. Schnorr’s restricted stock units are already vested. These units become payable in Graham Corp common stock on a one-for-one basis when her service as a director ends, providing additional equity exposure beyond her directly held shares.