Gorman-Rupp CEO receives new stock grants
Gorman-Rupp Co President and CEO Scott A. King reported stock-based awards of common shares.
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Rhea-AI Filing Summary
Gorman-Rupp Co President and CEO Scott A. King reported stock-based awards of common shares. On February 25, 2026, he acquired 6,210 and 6,167 common shares at a price of $0.00 per share, reflecting grants under the company’s equity incentive plans rather than open-market purchases.
Footnotes state these include restricted stock units that vest annually over three years and performance-based shares tied to 2024–2025 goals that vest on December 31, 2026. The filing also notes 2,135 common shares held indirectly via a 401-K plan after these updates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,210 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,167 | $0.00 | $0.00 |
| holding | Common Stock (401-K Plan) | -- | -- | -- |
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.
FAQ
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What insider transactions did GRC CEO Scott A. King report on this Form 4?
What types of equity awards did GRC disclose for its CEO in this filing?
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