Gorman-Rupp EVP & CFO reports stock awards
Gorman-Rupp executive vice president and CFO James Kerr reported equity awards in company common stock.
Rhea-AI Filing Summary
Gorman-Rupp executive vice president and CFO James Kerr reported equity awards in company common stock. On February 25, 2026, he acquired 3,881 shares and an additional 3,160 shares as grant or award transactions at $0.00 per share, reflecting compensation rather than open-market buying.
Footnotes state these include restricted stock units granted under the company’s equity incentive plans that vest annually over three years, and performance-based shares awarded after achieving specific 2024–2025 performance goals that vest on December 31, 2026. Following these awards, Kerr’s directly owned common stock increased to 52,615 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,881 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,160 | $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. Balance reflects 22 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GORMAN RUPP CO (GRC) executive James Kerr report on this Form 4?
What vesting terms apply to James Kerr’s new GRC equity awards?
What is James Kerr’s GRC common stock holding after these Form 4 transactions?
Does the Form 4 mention GRC’s Employee Stock Purchase Plan activity for James Kerr?
AI-generated analysis. How Rhea-AI works. Not financial advice.