Thermon Group (NYSE: THR) SVP reports stock awards and tax withholding
Rhea-AI Filing Summary
Thermon Group Holdings SVP Candace Harris-Peterson reported routine equity compensation activity. On May 12, 2026, she had 2,314 shares of common stock surrendered to cover taxes upon vesting of restricted stock units at a fair market value of $64.69 per share. The same day, she acquired 3,238 shares and 2,430 shares from performance unit awards tied to return on invested capital and adjusted EBITDA for the period ended March 31, 2026, after the compensation committee certified results. She also received a new grant of 3,864 restricted stock units that vest on the third anniversary of the grant date. Following these transactions, she directly held 40,821 common shares, including 9,736 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,218 shares
Net Buy
4 txns
Insider
Harris-Peterson Candace
Role
SVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,238 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,430 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,864 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,314 | $64.69 | $150K |
Holdings After Transaction:
Common Stock — 38,507 shares (Direct)
Footnotes (6)
- F1. On June 1, 2023, the reporting person was granted a performance unit award vesting on March 31, 2026, subject to the Issuer's compensation committee certifying the Issuer's return on invested capital performance during the applicable performance period as further specified in the equity award agreement. Of the 1,979 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2026, the reporting person actually earned 163.60%, or 3,238 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 12, 2026.
- F2. On June 1, 2023, the reporting person was granted a performance unit award vesting on March 31, 2026, subject to the Issuer's compensation committee certifying the Issuer's adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 2,309 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2026, the reporting person actually earned 105.22%, or 2,430 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 12, 2026.
- F3. On May 12, 2026, the reporting person was granted an award of restricted stock units. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. The award vests in full on the third anniversary of the grant date. Restricted stock units convert into shares of the Issuer's common stock on a one-for-one basis.
- F4. These shares were surrendered for tax payment upon vesting of restricted stock units on May 12, 2026.
- F5. Sales price is the fair market value on Tuesday, May 12, 2026.
- F6. Includes 9,736 restricted stock units held by the reporting person.
Key Figures
Tax-withholding shares: 2,314 shares
Tax fair market value: $64.69 per share
ROIC performance award earned: 3,238 shares
+5 more
8 metrics
Tax-withholding shares
2,314 shares
Surrendered for tax payment on May 12, 2026
Tax fair market value
$64.69 per share
Fair market value used for tax payment on May 12, 2026
ROIC performance award earned
3,238 shares
Earned at 163.60% of 1,979 target shares for period ended March 31, 2026
Adjusted EBITDA performance award earned
2,430 shares
Earned at 105.22% of 2,309 target shares for period ended March 31, 2026
New RSU grant
3,864 restricted stock units
Granted May 12, 2026, vesting on third anniversary
Post-transaction holdings
40,821 shares
Common shares directly held after transactions, including RSUs
ROIC target shares
1,979 shares
Target for ROIC performance unit award granted June 1, 2023
Adjusted EBITDA target shares
2,309 shares
Target for adjusted EBITDA performance unit award granted June 1, 2023
Key Terms
performance unit award, return on invested capital, adjusted earnings before interest, taxes, depreciation and amortization, restricted stock units, +1 more
5 terms
performance unit award financial
"On June 1, 2023, the reporting person was granted a performance unit award vesting on March 31, 2026"
return on invested capital financial
"subject to the Issuer's compensation committee certifying the Issuer's return on invested capital performance"
A percentage that shows how effectively a company turns the money invested in its business—both borrowed funds and shareholders’ equity—into operating profit after taxes. It tells investors whether a company earns more from its core operations than it costs to fund those operations; think of it like the annual return you’d expect from renovating a rental property—higher percentages mean the company uses capital more efficiently and is more likely to create value for shareholders.
adjusted earnings before interest, taxes, depreciation and amortization financial
"subject to the Issuer's compensation committee certifying the Issuer's adjusted earnings before interest, taxes, depreciation and amortization"
Adjusted earnings before interest, taxes, depreciation and amortization is a company’s reported operating profit with routine financing costs, tax charges and accounting for wear-and-tear removed, plus extra adjustments to strip out one-time, unusual or non-cash items. Think of it as the company’s recurring cash-generating performance after removing accounting noise; investors use it to compare profitability, assess ability to pay debt and value a business more evenly across firms and time.
restricted stock units financial
"the reporting person was granted an award of restricted stock units"
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.
fair market value financial
"Sales price is the fair market value on Tuesday, May 12, 2026"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Thermon Group (THR) SVP Candace Harris-Peterson report?
Candace Harris-Peterson reported routine equity compensation activity on May 12, 2026. She surrendered 2,314 shares to cover taxes and received three stock awards totaling 9,532 shares, including performance-based and time-vested restricted stock units.
What performance-based stock awards did Thermon Group (THR) grant to the SVP in this filing?
She earned 3,238 shares from a performance unit award based on return on invested capital and 2,430 shares from an award tied to adjusted EBITDA. These arose from 1,979 and 2,309 target shares, achieved at 163.60% and 105.22% of target for the period ended March 31, 2026.
What new restricted stock units did Thermon Group (THR) grant on May 12, 2026?
On May 12, 2026, she received 3,864 restricted stock units. Each unit converts into one Thermon common share, and the award vests in full on the third anniversary of the grant date, providing time-based equity compensation linked to continued service.
Were the Thermon Group (THR) insider transactions open-market buys or sells?
No open-market buys or sells were reported. The filing shows a tax-withholding disposition of 2,314 shares upon RSU vesting and three stock awards granted or earned as equity compensation, all at a recorded transaction price of $0.00 per share for the awards.