Gorman-Rupp (NYSE: GRC) insider sells 5,153 shares from 401-K
Rhea-AI Filing Summary
GORMAN RUPP CO (GRC) insider D. Patrick Wischmeier, VP Information Technology, reported selling 5,153 shares of common stock held in a 401-K Plan on August 26, 2026 at $77.62 per share in an open-market or private transaction. After this sale, 1,409 shares remain held indirectly in the 401-K trust, 14,927 shares are held directly (including small additions from an Employee Stock Purchase Plan and dividend reinvestment between March 4, 2026 and August 26, 2026), and 533 shares are held indirectly through a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,153 shares
Net Sell
3 txns
Insider
Wischmeier D Patrick
Role
VP, Information Technology
Sold
5,153 shs ($400K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock (401-K Plan) | 5,153 | $77.62 | $400K |
| holding | Common Stock F1, F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (401-K Plan) — 1,409 shares (Indirect, By 401-K Trust);
Common Stock — 14,927 shares (Direct);
Common Stock — 533 shares (Indirect, By spouse)
Footnotes (2)
- F1. Balance reflects 53 shares of common stock acquired under the Company's Employee Stock Purchase Plan between March 4, 2026 and August 26, 2026.
- F2. Balance reflects 40 shares of common stock acquired through dividend reinvestment between March 4, 2026 and August 26, 2026.
Key Figures
Shares sold: 5,153 shares
Sale price per share: $77.62 per share
Indirect 401-K holdings after transaction: 1,409 shares
+4 more
7 metrics
Shares sold
5,153 shares
Common Stock (401-K Plan) sold on August 26, 2026
Sale price per share
$77.62 per share
Sale of 5,153 shares on August 26, 2026
Indirect 401-K holdings after transaction
1,409 shares
Common Stock (401-K Plan) held indirectly after sale
Direct holdings after transaction
14,927 shares
Common Stock held directly after reported activity
Spousal indirect holdings
533 shares
Common Stock held indirectly by spouse
ESPP acquisitions in 2026 period
53 shares
Acquired under Employee Stock Purchase Plan between March 4, 2026 and August 26, 2026
Dividend reinvestment acquisitions
40 shares
Acquired through dividend reinvestment between March 4, 2026 and August 26, 2026
Key Terms
401-K Plan, Employee Stock Purchase Plan, dividend reinvestment, indirect ownership
4 terms
401-K Plan financial
"Common Stock (401-K Plan)"
Employee Stock Purchase Plan financial
"acquired under the Company's Employee Stock Purchase Plan between March"
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.
dividend reinvestment financial
"acquired through dividend reinvestment between March 4, 2026 and August"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
indirect ownership financial
"direct_or_indirect": "I","nature_of_ownership": "By 401-K Trust""
FAQ
What did GRC insider D. Patrick Wischmeier report in this Form 4?
D. Patrick Wischmeier reported a sale of 5,153 GRC shares from a 401-K Plan on August 26, 2026 at $77.62 per share, and disclosed his remaining direct and indirect ownership positions in Gorman Rupp common stock.
What are Wischmeier’s remaining direct GRC holdings after this transaction?
After the reported activity, Wischmeier holds 14,927 shares of GORMAN RUPP CO (GRC) common stock directly. This balance includes 53 shares acquired through an Employee Stock Purchase Plan and 40 shares acquired via dividend reinvestment between March 4, 2026 and August 26, 2026.
What indirect GRC holdings does Wischmeier report after the sale?
Following the sale, Wischmeier reports 1,409 shares of GRC common stock held indirectly through a 401-K Trust and an additional 533 shares held indirectly by his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
