Thermon Group (NYSE: THR) director receives 531-share equity award grant

Rhea-AI Filing Summary

RICHEY VICTOR L JR reported acquisition or exercise transactions in this Form 4 filing.

Thermon Group Holdings, Inc. director Victor L. Richey Jr. received an award of 531 shares of common stock under the company’s Non-Employee Director Compensation Program. The shares were valued at a fair market price of $51.78 per share, bringing his directly held stake to 8,052 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider RICHEY VICTOR L JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	531	$51.78	$27K

Holdings After Transaction: Common Stock — 8,052 shares (Direct)

Footnotes (1)

1. Award pursuant to Issuer's Non-Employee Director Compensation Program. The price is the fair market value on Wednesday, April 1, 2026.

Key Figures

Shares granted: 531 shares Fair market value per share: $51.78 per share Shares held after transaction: 8,052 shares

3 metrics

Shares granted 531 shares Common Stock award on April 1, 2026

Fair market value per share $51.78 per share Valuation date April 1, 2026

Shares held after transaction 8,052 shares Director’s direct holdings following the award

Key Terms

Non-Employee Director Compensation Program, fair market value, grant/award acquisition

3 terms

Non-Employee Director Compensation Program financial

"Award pursuant to Issuer's Non-Employee Director Compensation Program."

fair market value financial

"The price is the fair market value on Wednesday, April 1, 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.

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

Form 4 Insider Transactions: What Each Field Means →

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^*

RICHEY VICTOR L JR

(Last) (First) (Middle)

7171 SOUTHWEST PARKWAY

BLD. 300, STE. 200

(Street)

AUSTIN TEXAS 78735

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Thermon Group Holdings, Inc. [ THR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/01/2026		A		531(1)	A	$51.78(2)	8,052	D

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. Award pursuant to Issuer's Non-Employee Director Compensation Program.

2. The price is the fair market value on Wednesday, April 1, 2026.

Remarks:

	/s/ Ryan Tarkington, Attorney-in-Fact	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Thermon Group (THR) director Victor L. Richey Jr. report on this Form 4?

Victor L. Richey Jr. reported receiving 531 shares of Thermon Group common stock as an award. The grant is part of the company’s Non-Employee Director Compensation Program and increases his directly held position to 8,052 shares after the transaction.

Was the Thermon Group (THR) Form 4 transaction a market purchase or a share grant?

The Form 4 shows a share grant, not a market purchase. The transaction is coded as an acquisition due to a grant or award under Thermon Group’s Non-Employee Director Compensation Program, reflecting routine equity-based director compensation rather than open-market buying.

How many Thermon Group (THR) shares does Victor L. Richey Jr. hold after this award?

After receiving 531 shares in this award, Victor L. Richey Jr. directly holds 8,052 shares of Thermon Group common stock. This post-transaction total is disclosed in the Form 4 as the number of shares beneficially owned following the reported transaction.

What price was used for the Thermon Group (THR) director share award on April 1, 2026?

The award uses a fair market value of $51.78 per share as of Wednesday, April 1, 2026. This price is referenced in the Form 4 footnotes and is used to value the 531-share grant received by director Victor L. Richey Jr.

What is the significance of the Non-Employee Director Compensation Program at Thermon Group (THR)?

Thermon Group’s Non-Employee Director Compensation Program provides equity awards to outside directors. In this filing, 531 shares were granted to director Victor L. Richey Jr. under this program, illustrating how the company uses stock-based compensation to align director interests with shareholders.