Thermon (THR) Form 4: Director Victor Richey Receives 1,008 Shares
Rhea-AI Filing Summary
Thermon Group Holdings insider report: Director Victor L. Richey Jr. received an award of 1,008 shares of Thermon Group Holdings, Inc. (ticker THR) under the company’s Non-Employee Director Compensation Program on 10/01/2025 at a reported price of $27.28 per share. After the award, the filing shows Mr. Richey beneficially owns 6,781 shares. The Form 4 was signed by an attorney-in-fact on 10/02/2025. The filing documents a routine director equity award and updates the director’s post-transaction beneficial ownership.
Positive
- Received 1,008 shares under the issuer's Non-Employee Director Compensation Program on 10/01/2025
- Beneficial ownership updated to 6,781 shares following the award
- Timely Section 16 reporting filed and signed by attorney-in-fact on 10/02/2025
Negative
- None.
Insights
TL;DR: Routine director equity award increases insider ownership modestly; not likely material to company valuation.
The Form 4 reports a non-employee director award of 1,008 shares at a reported price of $27.28 on 10/01/2025, bringing beneficial ownership to 6,781 shares. This appears to be compensation rather than a market purchase and updates insider holdings. There are no additional transactions, option grants, or derivative positions disclosed. For investors, the filing documents ownership alignment but does not present material financial impact on Thermon Group Holdings’ capital structure based on the information provided.
TL;DR: Standard director compensation disclosure; reinforces governance transparency with timely Section 16 reporting.
The disclosure specifies the grant was made under the issuer’s Non-Employee Director Compensation Program and was reported on a timely Form 4 filed the day after the transaction. The filing is administrative in nature, recording the award and the resulting beneficial ownership. No related-party transactions, expirations, or derivative holdings are reported that would raise governance concerns within this document.