Gorman Rupp director awarded 1,344 restricted shares
Reynolds Kenneth R reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Reynolds Kenneth R reported acquisition or exercise transactions in this Form 4 filing.
GORMAN RUPP CO director Kenneth R. Reynolds received a grant of 1,344 shares of Common Stock. The shares were awarded at $0.00 per share as restricted stock under the company’s shareholder-approved equity plan.
Following this grant, Reynolds directly owns 35,406 Common Stock shares. According to the footnote, the restricted stock vests in full on the date immediately preceding the company’s next annual meeting of shareholders, meaning the shares become fully owned at that time if he remains eligible.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,344 | $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
grant, award, or other acquisition financial
FAQ
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What insider transaction did GORMAN RUPP CO (GRC) director Kenneth R. Reynolds report?
What type of GORMAN RUPP CO (GRC) equity did Kenneth R. Reynolds receive?
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