Graham Corp President and CEO Matthew Malone reported routine equity compensation activity involving common stock and restricted stock units. On June 8, 2026, he received 8,619 shares of common stock upon the vesting of performance-based restricted stock units granted under the 2020 Graham Corporation Equity Incentive Plan.
Footnotes state these shares vested after three years based on the company’s achievement of pre-determined performance measures over the period that ended on March 31, 2026. In connection with the vesting, 2,477 shares of common stock were withheld to cover tax withholding obligations, a non-market disposition.
After these transactions, Malone directly held 63,629 shares of common stock. He also held restricted stock units that convert into common stock on a one-for-one basis, covering 6,036 shares, 5,082 shares, and 1,291 shares, which vest in scheduled installments between 2026 and 2029.
Graham Corp Executive Chairman Daniel J. Thoren reported routine equity compensation activity. He exercised restricted stock units to acquire 5,543 shares of common stock, then had 1,593 shares withheld to cover tax obligations at $107.96 per share. After these transactions, he directly holds 360,939 common shares.
The RSUs convert into common stock on a one-for-one basis. Footnotes show additional RSU awards tied to future vesting dates in 2027, 2028 and 2029, indicating ongoing equity-based compensation rather than open-market trading.
GRAHAM CORP VP-Finance and CFO Christopher J. Thome reported routine equity compensation activity involving restricted stock units (RSUs) and common stock. He exercised derivative securities covering 1,643 RSUs that convert into common stock on a one-for-one basis and received an equivalent number of common shares.
To satisfy tax withholding obligations upon RSU vesting, 608 common shares were withheld at a price of $107.96 per share. After these transactions, he directly held 30,562 shares of common stock. He also retained RSU awards that are scheduled to vest over future dates, including tranches tied to 2027, 2028, and 2029.
Graham Corp President and CEO Matthew Malone reported routine equity compensation activity. On June 4, 2026, he exercised 1,291 Restricted Stock Units (RSUs), which convert into common stock on a one-for-one basis. In connection with this vesting, 371 shares of common stock were withheld to cover tax withholding obligations.
Following these transactions, Malone directly holds 57,487 shares of Graham common stock. He also continues to hold RSU awards that are scheduled to vest over future dates, representing 6,036 and 5,082 underlying shares of common stock, subject to their stated vesting schedules.
Graham Corporation is an engineering-focused manufacturer of mission critical fluid, power, heat transfer, vacuum and advanced mixing technologies serving Defense, Energy & Process, and Space markets. The company has shifted toward higher-compliance, defense-oriented work, with Defense accounting for about 60% of fiscal 2026 sales and domestic sales about 85%.
Backlog was $532,637 (thousands) at March 31, 2026, up from $412,335 (thousands) a year earlier, reflecting strong multi‑year Defense orders. Graham expanded its portfolio with the acquisitions of Xdot Bearing Technologies and FlackTek, whose MEGA™ mixing platform targets high-throughput, high-homogeneity material processing.
Graham emphasizes proprietary technologies such as NextGen™ steam ejector nozzles and P3’s MCD and SCAMP technologies, and spent $6,354 (thousands) on R&D in fiscal 2026. Key risks include customer concentration in U.S. Navy programs, exposure to fixed-price, long-duration Defense contracts, cyclical Energy & Process demand, international operations, trade and sanctions regimes, and cybersecurity and compliance obligations under U.S. government contracting rules.
Graham Corporation reported strong growth for Q4 and fiscal 2026, highlighted by record revenue, orders, and backlog. Net sales rose 13% in the fourth quarter to $67.1 million, while full-year sales increased 17% to $245.3 million, driven mainly by Defense programs, Energy & Process strength, and contributions from the FlackTek acquisition.
Full-year net income was $12.5 million with adjusted EBITDA of $26.0 million, up 16%. Orders reached a record $359.4 million, producing a 1.5x book‑to‑bill ratio, and year‑end backlog grew 29% to $532.6 million. For fiscal 2027, Graham guides revenue to $285–$295 million and adjusted EBITDA to $35–$40 million, implying continued double‑digit growth and modest margin expansion.
Graham Corporation updated its incentive plans for senior executives and directors for the fiscal year ending March 31, 2027. The Compensation Committee renewed and amended the stock-based Long-Term Incentive Award Plan, granting both time-vesting RSUs and performance-vesting PSUs to named executive officers. CEO Matthew Malone received 6,036 RSUs and 12,072 PSUs, Executive Chairman Daniel J. Thoren received 629 RSUs and 1,258 PSUs, and CFO Christopher J. Thome received 1,408 RSUs and 2,816 PSUs. RSUs vest over three years, while PSUs cliff-vest after three years based on return on invested capital change and cumulative revenue growth, with no payout below threshold. The company also amended its executive cash bonus program, setting target bonuses at 50% of base salary for Thoren, 100% for Malone, and 70% for Thome, with actual payouts ranging from 0% to 200% of target based on performance. Separately, non-employee directors each received 905 RSUs, calculated from a $90,000 grant value using the June 1, 2026 NYSE closing price of $99.41 per share.
GRAHAM CORP director Jonathan W. Painter reported routine equity compensation activity. On June 2, 2026, he exercised 1,956 restricted stock units, receiving the same number of shares of common stock at a stated price of $0.00 per share. Following this exercise, his direct common stock holdings rose to 34,556 shares.
On June 1, 2026, he was granted 905 new restricted stock units that convert into common stock on a one-for-one basis under the 2020 Graham Corporation Equity Incentive Plan and, except as otherwise provided, vest on June 1, 2027. Footnotes note an additional 11,283 vested restricted stock units that will be paid in common shares upon his separation from board service.
Graham Corp director Troy A. Stoner increased his equity stake through compensation-related stock activity. On June 2, 2026, 1,956 restricted stock units vested and converted into 1,956 shares of common stock on a one-for-one basis, raising his direct common stock holdings to 18,623 shares.
Stoner also holds 9,327 vested restricted stock units that will be settled in common shares upon his separation as a director. In addition, he received a grant of 905 restricted stock units on June 1, 2026 under the 2020 Graham Corporation Equity Incentive Plan, which are scheduled to vest on June 1, 2027.
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.