Gorman-Rupp (NYSE: GRC) awards VP 1,428 stock units with multi-year vesting
Rhea-AI Filing Summary
Gorman-Rupp Co VP, Human Resources Barbara A. Woodman received equity awards totaling 1,428 shares of common stock on February 25, 2026, granted at no cash cost under the company’s equity incentive plans. The awards include restricted stock units that vest in annual installments over three years and performance-based shares scheduled to vest on December 31, 2026 after achieving specific performance goals.
After these awards, Woodman holds 14,437 shares of common stock directly and 139 shares indirectly through a 401-K trust. Footnotes also state that 23 shares of common stock were acquired under the Employee Stock Purchase Plan between January 1, 2026 and February 25, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,428 shares
Net Buy
3 txns
Insider
Woodman Barbara A
Role
VP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 504 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 924 | $0.00 | $0.00 |
| holding | Common Stock (401-K Plan) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,437 shares (Direct);
Common Stock (401-K Plan) — 139 shares (Indirect, By 401-K Trust)
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 23 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.
Key Figures
Restricted stock unit grant: 504 shares
Additional equity award: 924 shares
Total equity awards granted: 1,428 shares
+4 more
7 metrics
Restricted stock unit grant
504 shares
Equity award of common stock on February 25, 2026
Additional equity award
924 shares
Second common stock award on February 25, 2026
Total equity awards granted
1,428 shares
Combined common stock awards reported on February 25, 2026
Direct holdings after awards
14,437 shares
Direct common stock ownership after reported transactions
401-K plan holdings
139 shares
Indirect common stock held by 401-K trust
ESPP acquisitions
23 shares
Shares acquired via Employee Stock Purchase Plan between Jan 1 and Feb 25, 2026
Performance share vesting date
December 31, 2026
Performance-based shares vest on this date
Key Terms
restricted stock units, equity incentive plans, Employee Stock Purchase Plan, performance-based shares, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units granted under the Company's equity incentive plans"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
equity incentive plans financial
"granted under the Company's equity incentive plans, which vest in annual installments"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
Employee Stock Purchase Plan financial
"shares of common stock acquired under the Company's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401-K Plan financial
"Common Stock (401-K Plan) held indirectly by 401-K Trust"
FAQ
What equity awards did GRC executive Barbara Woodman receive on February 25, 2026?
Barbara Woodman received equity awards totaling 1,428 shares of Gorman-Rupp common stock, granted at no cash cost under the company’s equity incentive plans, including restricted stock units and performance-based shares with multi-year vesting schedules.
What is the vesting schedule for Barbara Woodman’s GRC restricted stock units?
The restricted stock units granted to Barbara Woodman vest in annual installments over a three-year period. This structure spreads the delivery of shares over time, aligning her equity compensation with continued service at Gorman-Rupp.
AI-generated analysis. How Rhea-AI works. Not financial advice.
