Welcome to our dedicated page for Thermon Group Hldgs SEC filings (Ticker: THR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Thermon Group Holdings, Inc. filings document an NYSE-listed operating company focused on industrial process heating and related engineered solutions. Recent Form 8-K reports cover operating and financial results, Regulation FD investor presentations, product and market updates for liquid load bank solutions, and material agreements tied to the company's credit arrangements.
The filings also disclose common stock registered on the New York Stock Exchange under THR, capital-structure matters, annual meeting voting results, director election and other governance matters, and exhibits such as earnings releases, investor presentations and press releases furnished with current reports.
Thermon Group Holdings’ stockholders approved the merger agreement with CECO Environmental, clearing a key condition for Thermon to be acquired and become part of CECO’s platform. At a special meeting, 28,772,878 of 32,869,538 eligible shares were represented, constituting a quorum.
Holders adopted the Thermon Merger Proposal with 28,766,607 votes for, 3,169 against and 3,102 abstaining. Each Thermon share will be exchanged for either $63.89 in cash, 0.8110 CECO shares, or a mixed package of $10.00 in cash plus 0.6840 CECO shares, subject to proration. An advisory vote on executive compensation tied to the merger also passed. The companies expect the transaction to close on or around June 1, 2026, subject to remaining customary conditions.
Thermon Group Holdings, Inc. ownership report: Glazer Capital, LLC and Paul J. Glazer state beneficial ownership of 1,715,406 shares of Common Stock, representing 5.21% of the class. The filing shows shared voting power and shared dispositive power over these shares.
The statement identifies Glazer Capital as investment manager for certain funds (the "Glazer Funds") and Mr. Paul J. Glazer as Managing Member. The signatures are dated 05/27/2026.
Thermon Group Holdings, Inc. reports on its global industrial process heating business and a pending combination with CECO Environmental Corp. in a stock‑and‑cash two‑step merger valued at approximately $2.2 billion. The merged company is expected to operate under the CECO name and focus on mission‑critical environmental and thermal solutions, subject to regulatory and stockholder approvals.
Thermon highlights diversified end markets such as general industrial, chemical and petrochemical, power, rail and transit, commercial, and food and beverage, with about 70% of revenue coming from non‑oil‑and‑gas markets and approximately 51% generated outside the U.S. As of March 31, 2026, backlog was $254.9 million, and debt totaled $141.1 million. The company employs 1,792 people worldwide, emphasizes safety with a total recordable incident rate of 0.16 and a lost‑time incident rate of 0.0, and notes that no single customer represented more than 10% of revenue.
Thermon Group Holdings, Inc. and CECO Environmental Corp. set an Election Deadline of May 22, 2026 at 5:00 p.m. Central Time for Thermon stockholders to choose merger consideration in the pending acquisition. The companies expect the Transaction to close on June 1, 2026, subject to stockholder approvals and customary closing conditions.
Each issued and outstanding Thermon common share is entitled to elect: 0.8110 share of CECO common stock (Stock Consideration); a Mixed Consideration of 0.6840 share plus $10.00 cash; or $63.89 cash (Cash Consideration). Unreturned or improper elections will be deemed to elect the Mixed Consideration. The Stock and Cash Consideration are subject to proration as described in the Merger Agreement.
CECO Environmental Corp. and Thermon Group Holdings announced a May 22, 2026 Election Deadline for Thermon stockholders to choose the form of merger consideration in CECO’s pending acquisition of Thermon. The companies expect the Transaction to close on June 1, 2026, subject to stockholder approvals and customary closing conditions.
Each issued and outstanding Thermon common share is eligible to elect: 0.8110 share of CECO common stock (Stock Consideration), a combination of 0.6840 share plus $10.00 cash (Mixed Consideration), or $63.89 cash (Cash Consideration). The Cash Consideration and Stock Consideration are subject to proration. Thermon stockholders who do not timely return a properly completed Election Form will be deemed to have elected the Mixed Consideration.
Thermon Group Holdings reported strong fourth-quarter and full-year Fiscal 2026 results while progressing its planned merger with CECO Environmental. Q4 revenue was $148.3 million, up 11%, with gross margin of 44.0%. Q4 net income fell to $2.7 million (down 84%) largely due to higher expenses, including transaction-related costs, while adjusted net income was $18.3 million, down 3%. For Fiscal 2026, revenue reached a record $536.3 million, up 8%, and adjusted net income rose 11% to $70.5 million with adjusted EPS of $2.15. Adjusted EBITDA grew 9% to $119.6 million, with a 22.3% margin. Backlog increased 6% to $254.9 million, and net leverage improved to 0.7x on net debt of $89.3 million. Free cash flow for the year was $32.9 million, lower than the prior year. Thermon highlighted robust order trends, especially in large projects and data center liquid load bank solutions, and noted its approximately $2.2 billion strategic combination with CECO remains on track to close in June 2026; the company is not holding an earnings call or providing guidance due to the pending merger.
Thermon Group Holdings SVP and General Counsel Ryan Tarkington reported equity compensation activity and related tax withholding. On May 12, 2026, he received several common stock awards, including 5,397 shares and 4,050 shares earned from prior performance unit awards, plus an additional restricted stock unit grant. On the same date, 3,564 shares were surrendered at a price of $64.69 per share to cover tax obligations upon vesting, rather than sold in the open market.
Thermon Group Holdings, Inc. President & CEO Bruce Thames reported performance-based equity awards and related tax withholding in company stock. On May 12, 2026, he surrendered 19,331 common shares at a fair market value of $64.69 per share to cover taxes on vesting restricted stock units. The same day, he received two performance unit awards that vested based on multi‑year goals: 28,067 shares tied to return on invested capital and 21,069 shares tied to adjusted EBITDA performance. After these transactions, he directly owns 388,550 common shares, including 36,571 restricted stock units.
Thermon Group Holdings, Inc. executive Lucas Thomas Gregory, the VP and Chief Accounting Officer, reported equity compensation and related tax withholding in company stock. On May 12, 2026, he received multiple awards of common stock tied to prior performance unit grants and new restricted stock units, while surrendering shares to cover taxes on vesting. Grants included 2,157 shares earned at 163.60% of a return-on-invested-capital target and 1,618 shares earned at 105.22% of an adjusted EBITDA target, plus an additional 2,318 restricted stock units. Separately, 2,412 shares were surrendered at a value of $64.69 per share for tax payments. After these transactions, he directly owned 14,718 shares of common stock, including 7,520 restricted stock units that will settle into shares in the future.
Thermon Group Holdings, Inc. senior vice president of operations Roberto Kuahara reported equity compensation changes. On May 12, 2026 he received performance-based share awards of 5,397 and 4,050 shares of common stock tied to prior performance goals, plus 4,637 restricted stock units that vest on the third anniversary of the grant date. On the same date, 3,596 shares were surrendered at a fair market value of $64.69 per share to cover tax obligations upon vesting. Following these transactions, he directly holds 47,134 shares of common stock, including 12,041 restricted stock units.