STOCK TITAN

Gorman-Rupp (GRC) CEO King has 9,211 shares withheld for tax on vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gorman-Rupp President and CEO Scott A. King reported a tax-related share disposition. On the vesting of 22,932 stock units, 9,211 common shares were withheld to cover tax liabilities, a non-cash, code F tax-withholding disposition. Following this, he directly owned 76,660 common shares, including 19,833 unvested stock units, and indirectly held 2,135 shares through a 401-K trust, reflecting 9 shares acquired under the company’s employee stock purchase plan.

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Insider King Scott A
Role President and CEO
Type Security Shares Price Value
Tax Withholding Common Stock 9,211 $0.00 --
holding Common Stock (401-K Plan) -- -- --
Holdings After Transaction: Common Stock — 76,660 shares (Direct); Common Stock (401-K Plan) — 2,135 shares (Indirect, By 401-K Trust)
Footnotes (1)
  1. Shares withheld for payment of tax liability on vesting of 22,932 stock units. Balance includes 19,833 unvested stock units granted under the Company's equity incentive plans. Balance reflects 9 shares of common stock acquired under the Company's Employee Stock Purchase Plan between February 26, 2026 and March 3, 2026.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
King Scott A

(Last) (First) (Middle)
600 SOUTH AIRPORT ROAD

(Street)
MANSFIELD OH 44903

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GORMAN RUPP CO [ GRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 F 9,211(1) D $0 76,660(2)(3) D
Common Stock (401-K Plan) 2,135 I By 401-K Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld for payment of tax liability on vesting of 22,932 stock units.
2. Balance includes 19,833 unvested stock units granted under the Company's equity incentive plans.
3. Balance reflects 9 shares of common stock acquired under the Company's Employee Stock Purchase Plan between February 26, 2026 and March 3, 2026.
Scott A. King BY:/s/Brigette A. Burnell Attorney-in-Fact 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Gorman-Rupp (GRC) CEO Scott A. King report?

Scott A. King reported a tax-withholding disposition of 9,211 Gorman-Rupp common shares. These shares were withheld to satisfy tax liabilities arising from the vesting of 22,932 stock units, rather than being sold on the open market.

How many Gorman-Rupp (GRC) shares were withheld for Scott King’s tax obligations?

A total of 9,211 common shares of Gorman-Rupp were withheld to cover Scott King’s tax liability. This withholding was tied to the vesting of 22,932 stock units granted under the company’s equity incentive plans.

What is Scott A. King’s direct Gorman-Rupp (GRC) share ownership after this Form 4?

After the reported transaction, Scott A. King directly owned 76,660 Gorman-Rupp common shares. This balance includes 19,833 unvested stock units that were granted to him under the company’s equity incentive plans.

Does Scott A. King hold any Gorman-Rupp (GRC) shares through retirement or employee plans?

Yes. Scott A. King indirectly held 2,135 Gorman-Rupp shares through a 401-K trust. This balance reflects 9 common shares acquired under the company’s Employee Stock Purchase Plan between February 26, 2026 and March 3, 2026.

Was the Gorman-Rupp (GRC) CEO’s Form 4 transaction an open-market sale?

No. The Form 4 describes a code F tax-withholding disposition, where shares are withheld to pay tax liability on vesting of stock units. It does not indicate an open-market sale of shares by the CEO.

What triggered the tax-withholding disposition for Gorman-Rupp (GRC) CEO Scott King?

The tax-withholding disposition was triggered by the vesting of 22,932 stock units. When these equity awards vested, 9,211 shares of Gorman-Rupp common stock were withheld to satisfy the associated tax obligations.