Gorman-Rupp (GRC) director Ann M. Harlan receives 1,344 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gorman-Rupp Co director Ann M. Harlan received a grant of 1,344 shares of restricted common stock at $0.00 per share as compensation. The restricted stock was granted under a shareholder-approved equity plan and will vest in full on the date immediately preceding the company’s next annual meeting of shareholders.
After this award and including 83 shares acquired through dividend reinvestment between January 1, 2026 and April 24, 2026, Harlan now directly owns 32,662 shares of Gorman-Rupp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HARLAN M ANN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,344 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,662 shares (Direct, null)
Footnotes (1)
- Represents restricted stock granted under the Company's shareholder approved equity plan, which vests in full on the date immediately preceding the Company's next annual meeting of shareholders. Balance reflects 83 shares of common stock acquired through dividend reinvestment between January 1, 2026 and April 24, 2026.
Key Figures
Restricted stock grant: 1,344 shares
Grant price: $0.00 per share
Shares owned after transaction: 32,662 shares
+1 more
4 metrics
Restricted stock grant
1,344 shares
Restricted common stock awarded to Ann M. Harlan
Grant price
$0.00 per share
Price for restricted stock grant to director
Shares owned after transaction
32,662 shares
Direct Gorman-Rupp common stock holdings after grant
Dividend reinvestment shares
83 shares
Shares acquired via dividend reinvestment Jan 1–Apr 24, 2026
Key Terms
restricted stock, shareholder approved equity plan, dividend reinvestment, annual meeting of shareholders
4 terms
restricted stock financial
"Represents restricted stock granted under the Company's shareholder approved equity plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
dividend reinvestment financial
"shares of common stock acquired through dividend reinvestment between January 1, 2026 and April 24, 2026"
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.
FAQ
What insider transaction did Gorman-Rupp (GRC) report for Ann M. Harlan?
Gorman-Rupp reported that director Ann M. Harlan received a grant of 1,344 shares of restricted common stock. The shares were awarded at $0.00 per share as part of a shareholder-approved equity plan, reflecting routine equity-based director compensation rather than an open-market purchase.
What are the terms of Ann M. Harlan’s restricted stock grant at Gorman-Rupp (GRC)?
The filing states that the 1,344-share restricted stock grant will vest in full on the date immediately preceding Gorman-Rupp’s next annual meeting of shareholders. Until vesting, the shares are subject to restrictions under the company’s shareholder-approved equity compensation plan.
Is Ann M. Harlan’s Gorman-Rupp (GRC) Form 4 transaction an open-market buy or a grant?
The transaction is a grant or award, not an open-market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, with 1,344 restricted common shares received at $0.00 per share under the company’s equity compensation plan.
How were dividend reinvestments reported in Ann M. Harlan’s Gorman-Rupp (GRC) holdings?
A footnote explains that her post-transaction balance reflects 83 Gorman-Rupp common shares acquired through dividend reinvestment. These shares were accumulated between January 1, 2026 and April 24, 2026 and are included in the disclosed total direct ownership of 32,662 shares.