Director at Gorman-Rupp (NYSE: GRC) awarded 1,344 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McClelland Sonja K reported acquisition or exercise transactions in this Form 4 filing.
GORMAN RUPP CO director Sonja K. McClelland received a grant of 1,344 shares of restricted common stock at $0.00 per share under the company’s shareholder-approved equity plan. The restricted stock will vest in full on the date immediately preceding the company’s next annual meeting of shareholders. Following this award, McClelland directly holds 15,826 shares of Gorman-Rupp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McClelland Sonja K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,344 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,826 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 1,344 shares
Grant price per share: $0.00 per share
Total shares after grant: 15,826 shares
+1 more
4 metrics
Restricted stock granted
1,344 shares
Common Stock grant on 2026-04-24
Grant price per share
$0.00 per share
Restricted stock award price
Total shares after grant
15,826 shares
Direct holdings following transaction
Acquisition transactions
1 transaction
Non-derivative grant/award acquisition
Key Terms
restricted stock, shareholder approved equity plan, annual meeting of shareholders, Form 4
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did GORMAN RUPP CO (GRC) report for Sonja K. McClelland?
GORMAN RUPP CO reported that director Sonja K. McClelland received 1,344 shares of restricted common stock. The grant was recorded as a non-cash award at $0.00 per share under the company’s equity plan, increasing her direct holdings to 15,826 shares.
Was cash paid for the restricted stock granted to Sonja K. McClelland at GORMAN RUPP CO (GRC)?
No cash changed hands for this transaction. The 1,344 restricted shares were granted to Sonja K. McClelland at a reported price of $0.00 per share, reflecting a compensation award under the company’s shareholder-approved equity incentive plan.