Gorman-Rupp Company officer Angela M. Morehead reported a tax-withholding disposition of 924 shares of common stock, used to pay taxes on the vesting of 3,035 stock units. After this, she directly owned 9,896 shares and indirectly held 3,986 shares through a 401-K trust, including 2,088 unvested stock units and 9 shares acquired under the employee stock purchase plan.
Gorman-Rupp VP of Human Resources Barbara A. Woodman reported a tax-related share disposition and updated equity holdings. On the vesting of 3,618 stock units, 1,033 common shares were withheld to cover tax liability, a non-market transaction with no sale proceeds reported.
After this tax-withholding disposition, she directly holds 13,413 common shares, including 2,088 unvested stock units granted under the company’s equity incentive plans. A footnote also indicates that this balance reflects 9 shares acquired under the Employee Stock Purchase Plan between February 26, 2026 and March 3, 2026. Separately, she indirectly holds 139 common shares through a 401-K trust.
Gorman-Rupp (GRC) vice president of information technology D. Patrick Wischmeier reported a tax-related share disposition. On March 3, 2026, 1,062 shares of common stock were withheld to cover tax liability upon the vesting of 3,618 stock units, rather than sold in an open-market transaction.
After this, he directly owned 14,834 common shares, which includes 2,088 unvested stock units granted under company equity plans. Indirect holdings totaled 6,562 common shares in a 401(k) trust and 533 common shares held by his spouse. A footnote also notes the balance reflects 9 shares acquired through the Employee Stock Purchase Plan between February 26, 2026 and March 3, 2026.
Brigette A. Burnell, EVP, General Counsel and Secretary of Gorman-Rupp, reported a tax-withholding disposition of 3,566 common shares on March 3, 2026. These shares were withheld to pay taxes on the vesting of 11,514 stock units.
After this transaction, Burnell directly held 40,453 common shares, which includes 6,764 unvested stock units granted under the company’s equity incentive plans. She also indirectly held 368 common shares through a 401-K trust, and the reported balance reflects 9 shares acquired under the Employee Stock Purchase Plan between February 26, 2026 and March 3, 2026.
Gorman-Rupp EVP and CFO James Kerr reported an automatic share disposition related to equity compensation. On the vesting of 12,796 stock units, 4,275 common shares were withheld to cover tax liabilities, not sold in the open market. After this tax-withholding transaction, Kerr directly holds 48,349 common shares, including 9,503 unvested stock units and 9 shares recently acquired through the Employee Stock Purchase Plan.
Gorman-Rupp President and CEO Scott A. King reported a tax-related share disposition. On the vesting of 22,932 stock units, 9,211 common shares were withheld to cover tax liabilities, a non-cash, code F tax-withholding disposition. Following this, he directly owned 76,660 common shares, including 19,833 unvested stock units, and indirectly held 2,135 shares through a 401-K trust, reflecting 9 shares acquired under the company’s employee stock purchase plan.
The Gorman-Rupp Company reported solid growth for 2025, with net sales rising 3.4% to $682.4 million and net income increasing 32.2% to $53.0 million, or $2.02 per share. Adjusted earnings per share were $2.14, up from $1.75 in 2024.
Orders grew 10.5% to $728.4 million, lifting backlog 18.5% to $244.0 million, most scheduled to ship in 2026. Growth was broad-based across industrial, fire, repair, OEM, municipal, agriculture and petroleum markets, partially offset by weaker construction demand.
The company incurred $3.0 million in one-time National Pump facility optimization costs, expected to generate $2.0–$2.5 million of annual savings. Interest expense fell 30.4% to $23.4 million after refinancing and debt reduction. Gorman-Rupp ended 2025 with $35.1 million in cash and $310.8 million of long-term debt, and continued its 53-year streak of annual dividend increases.
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.
Gorman Rupp Co officer Angela M. Morehead reported stock-based awards of company shares. She acquired 504 shares and 924 shares of common stock as grants with no cash paid, increasing her direct holdings to 10,811 shares. She also reports 3,986 shares held indirectly through a 401-K trust.
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.