[Form 4] Thermon Group Holdings, Inc. Insider Trading Activity

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

Financial Analyst

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.

Corporate Governance Expert

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.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

RICHEY VICTOR L JR

(Last) (First) (Middle)

7171 SOUTHWEST PARKWAY

BLD. 300, STE. 200

(Street)

AUSTIN TX 78735

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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

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

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

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	10/01/2025		A		1,008(1)	A	$27.28	6,781	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.

Remarks:

	/s/ Ryan Tarkington, Attorney-in-Fact	10/02/2025
	** 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.

FAQ

What transaction did Victor L. Richey Jr. report on Form 4 for THR?

The Form 4 reports an award of 1,008 shares of Thermon Group Holdings (THR) on 10/01/2025 under the company's Non-Employee Director Compensation Program.

What was the reported price per share on the Form 4 for THR insider activity?

The filing reports a price of $27.28 per share associated with the 1,008-share award.

How many THR shares does Victor L. Richey Jr. beneficially own after the reported transaction?

After the reported award, the Form 4 shows 6,781 shares beneficially owned by Victor L. Richey Jr.

When was the Form 4 for THR signed and filed?

The Form 4 documents the transaction date as 10/01/2025 and bears a signature by an attorney-in-fact dated 10/02/2025.

Was the award to Victor L. Richey Jr. part of a compensation program?

Yes. The filing states the shares were an award pursuant to the issuer's Non-Employee Director Compensation Program.