Gorman-Rupp VP Boosts Holdings via ESPP, DRIP & 401-K in July 2025 Filing

Rhea-AI Filing Summary

The Form 4 filing reports that D. Patrick Wischmeier, Vice President-Information Technology of The Gorman-Rupp Company (GRC), updated his beneficial ownership as of 7 July 2025. No open-market transactions or sales were disclosed; all share changes stem from routine, non-open-market events:

• Employee Stock Purchase Plan: 89 shares acquired between 7 Mar – 3 Jul 2025, bringing that account to 2,440 shares.
• Dividend Reinvestment Plan: 51 shares added, account now 244 shares.
• 401-K Plan: 200 shares acquired in Q1-25, indirect holding now 6,393 shares.
• Spousal ownership: 533 shares became indirectly reportable upon marriage on 3 Jul 2025.

After these updates, Wischmeier’s total beneficial ownership equals 21,180 shares (14,254 direct & 6,926 indirect). The filing indicates continued accumulation through company-sponsored plans, suggesting sustained insider alignment but involves no material dollar outlay or strategic signal beyond routine participation.

Positive

• No insider sales; all reported changes are acquisitions or newly reportable holdings.
• Total ownership increased by 873 shares, underscoring ongoing executive alignment through company programs.

Negative

• Immaterial scale; added shares represent only ~0.04 % of outstanding stock and do not constitute a strong buying signal.
• Acquisitions were non-discretionary (ESPP, DRIP, 401-K), offering limited insight into management’s valuation view.

Insights

Financial Analyst

TL;DR – Routine internal share additions; immaterial for valuation.

The 873-share increase represents roughly 0.04 % of GRC’s 26 million shares outstanding, therefore unlikely to influence liquidity or price. The absence of any sale reinforces insider confidence, but because acquisitions were via benefit plans and dividend reinvestment, they do not reflect discretionary buying at current market prices. From an earnings or cash-flow perspective, there is no impact. Overall, this is a normal housekeeping Form 4 with negligible financial significance.

Corporate Governance Expert

TL;DR – Positive governance signal, but quantitatively minor.

The filing demonstrates proper Section 16 compliance and expands transparency by reporting spousal holdings post-marriage. Continued participation in ESPP, DRIP, and 401-K plans aligns executive incentives with shareholders, a modest governance positive. However, the economic value of ~US$28-30k (based on recent price ~US$32) is not large enough to shift governance risk or board oversight considerations. Impact is therefore neutral from a materiality standpoint.

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^*

Wischmeier D Patrick

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Information Technology

3. Date of Earliest Transaction (Month/Day/Year)
07/03/2025

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 (Company Stock Plan)								2,440(1)	D
Common Stock (Dividend Reinvestment Plan)								244(2)	D
Common Stock								11,570	D
Common Stock (401-K Plan)								6,393(3)	I	By 401-K Trust
Common Stock								533(4)	I	By Spouse

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. Balance reflects 89 shares of common stock acquired under the Company's Employee Stock Purchase Plan between March 7, 2025 and July 3, 2025.

2. Balance reflects 51 shares of common stock acquired under the dividend reinvestment feature of the Company's Direct Stock Purchase between March 7, 2025 and July 3, 2025.

3. Balance reflects 200 shares of common stock acquired under the Company's 401-K Plan between January 1, 2025 and March 31, 2025.

4. The reporting person acquired beneficial ownership of these shares upon his marriage to the owner of the shares on July 3, 2025.

	D. Patrick Wischmeier BY:/s/Brigette A. Burnell Attorney-in-Fact	07/07/2025
	** 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

How many GRC shares does VP D. Patrick Wischmeier now own?

21,180 shares in total – 14,254 direct and 6,926 indirect.

Did the GRC insider sell any shares in this Form 4?

No. The filing shows only share additions or newly reportable holdings; no sales were reported.

What was the largest source of new shares for the insider?

The largest single addition was 533 shares that became reportable upon marriage on 3 Jul 2025.

Is this Form 4 filing material to GRC stockholders?

Given the small share count (0.04 % of shares outstanding), the impact is deemed not material to most investors.

Does the filing indicate use of a Rule 10b5-1 trading plan?

The form provides a checkbox for Rule 10b5-1 activity, but it is not marked as selected in this filing.