Gorman-Rupp (GRC) EVP granted restricted and performance stock awards
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,715 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,852 | $0.00 | $0.00 |
| holding | Common Stock (401-K Plan) | -- | -- | -- |
Footnotes (3)
- F1. Represents restricted stock units granted under the Company's equity incentive plans, which vest in annual installments over a three-year vesting period.
- F2. Balance reflects 23 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026.
- F3. 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.
FAQ
What stock awards did GRC executive Brigette A. Burnell receive on this Form 4?
How do the restricted stock units granted to GRC’s EVP vest?
What indirect Gorman-Rupp holdings does Brigette A. Burnell report?
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