Gorman-Rupp VP receives stock-based awards
Gorman-Rupp Company vice president of finance Ronald F. Stoops reported stock-based awards tied to the company’s common stock.
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Rhea-AI Filing Summary
Gorman-Rupp Company vice president of finance Ronald F. Stoops reported stock-based awards tied to the company’s common stock. On February 25, he acquired 504 restricted stock units granted under the company’s equity incentive plans, which vest in annual installments over a three-year vesting period.
He also acquired 862 performance-based shares awarded under the equity incentive plans after achieving specific performance goals over the 2024-2025 performance period; these vest on December 31, 2026. A footnote states his balance also reflects 9 shares of common stock acquired through the Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 504 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 862 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock units granted under the Company's equity incentive plans, which vest in annual installments over a three-year vesting period.
- F2. Performance-based shares awarded under the Company's equity incentive plans after achieving specific performance goals over the 2024-2025 performance period, which vest on December 31, 2026.
- F3. Balance reflects 9 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026.
FAQ
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What insider transaction did Gorman-Rupp (GRC) VP Ronald Stoops report?
How many restricted stock units did Gorman-Rupp (GRC) grant to Ronald Stoops?
Did Ronald Stoops pay cash for the Gorman-Rupp (GRC) stock awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.