STOCK TITAN

Gorman-Rupp (GRC) EVP granted restricted and performance stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gorman-Rupp executive Brigette A. Burnell, EVP, General Counsel & Secretary, reported equity awards in company stock. She acquired 1,715 restricted stock units granted under the company’s equity incentive plans, which vest in annual installments over a three-year period. She also received 2,852 performance-based shares awarded for achieving specific performance goals over the 2024–2025 performance period, scheduled to vest on December 31, 2026. Her direct common stock holdings increased to 44,010 shares, and she holds 368 shares indirectly through a 401-K trust. The balance also reflects 23 shares of common stock acquired through the Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026.

Positive

  • None.

Negative

  • None.
Insider Burnell Brigette A
Role EVP, Gen. Counsel & Secretary
Type Security Shares Price Value
Grant/Award Common Stock 1,715 $0.00 --
Grant/Award Common Stock 2,852 $0.00 --
holding Common Stock (401-K Plan) -- -- --
Holdings After Transaction: Common Stock — 41,158 shares (Direct); Common Stock (401-K Plan) — 368 shares (Indirect, By 401-K Trust)
Footnotes (1)
  1. Represents restricted stock units granted under the Company's equity incentive plans, which vest in annual installments over a three-year vesting period. Balance reflects 23 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026. Performance-based shares awarded under the Company's equity incentive plans after achieving specific performance goals over the 2024-2025 performance period, which vest on December 31, 2026.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Burnell Brigette A

(Last) (First) (Middle)
600 SOUTH AIRPORT ROAD

(Street)
MANSFIELD OH 44903

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GORMAN RUPP CO [ GRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Gen. Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/25/2026 A 1,715(1) A $0 41,158(2) D
Common Stock 02/25/2026 A 2,852(3) A $0 44,010 D
Common Stock (401-K Plan) 368 I By 401-K Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted under the Company's equity incentive plans, which vest in annual installments over a three-year vesting period.
2. Balance reflects 23 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026.
3. Performance-based shares awarded under the Company's equity incentive plans after achieving specific performance goals over the 2024-2025 performance period, which vest on December 31, 2026.
/s/Brigette A. Burnell 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What stock awards did GRC executive Brigette A. Burnell receive on this Form 4?

Brigette A. Burnell received 1,715 restricted stock units and 2,852 performance-based shares of Gorman-Rupp common stock. Both awards were granted under the company’s equity incentive plans, with vesting tied to time-based schedules and performance goals.

How do the restricted stock units granted to GRC’s EVP vest?

The 1,715 restricted stock units granted to Gorman-Rupp EVP Brigette A. Burnell vest in annual installments over a three-year vesting period. This structure encourages longer-term alignment with shareholders by spreading the benefit over multiple years.

What are the terms of the performance-based shares reported for GRC’s EVP?

The 2,852 performance-based shares were awarded after achieving specific performance goals over the 2024–2025 performance period. These shares are scheduled to vest on December 31, 2026, linking executive compensation directly to defined performance outcomes.

How many Gorman-Rupp shares does Brigette A. Burnell hold after these transactions?

After the reported awards, Brigette A. Burnell directly holds 44,010 shares of Gorman-Rupp common stock. She also holds 368 shares indirectly through a 401-K trust, reflecting both long-term awards and retirement-plan holdings.

Did GRC’s EVP acquire any shares through an employee stock purchase plan?

Yes. The reported balance includes 23 Gorman-Rupp common shares acquired under the company’s Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026, indicating ongoing participation in the employee share purchase program.

What indirect Gorman-Rupp holdings does Brigette A. Burnell report?

Brigette A. Burnell reports 368 Gorman-Rupp common shares held indirectly through a 401-K trust. This reflects retirement-plan ownership, separate from her directly held shares and equity incentive awards disclosed in the same Form 4.