Gorman-Rupp director awarded 1,344 restricted shares
GORMAN RUPP CO director Christopher H. Lake received a grant of 1,344 shares of restricted common stock at $0.00 per share.
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Rhea-AI Filing Summary
GORMAN RUPP CO director Christopher H. Lake received a grant of 1,344 shares of restricted common stock at $0.00 per share. The award was made under a shareholder-approved equity plan and will vest in full immediately before the company’s next annual meeting of shareholders.
Earlier in the month, Lake made a bona fide gift of 1,000 common shares. After these compensation and gift transactions, he directly holds 44,945 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,344 | $0.00 | $0.00 |
| Gift | Common Stock | 1,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock financial
bona fide gift financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GRC director Christopher H. Lake report?
What are the terms of the restricted stock grant to GRC director Lake?
Does this GRC Form 4 show any open-market buying or selling by the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.