[Form 4] THERMON GROUP HOLDINGS, INC. Insider Trading Activity

Rhea-AI Filing Summary

Thermon Group Holdings, Inc. (THR) – Form 4 insider transaction

• Reporting person: Victor L. Richey Jr., outside director
• Transaction date: 07/01/2025
• Securities acquired: 830 shares of common stock, coded “A” (acquisition)
• Price per share: $28.61 (grant value ≈ $23.7 thousand)
• Post-transaction holdings: 5,773 shares held directly
• Source of shares: Award under the company’s Non-Employee Director Compensation Program (not an open-market purchase)

The filing represents a routine equity award to a board member and does not disclose any derivative transactions or other material changes in ownership structure.

Insights

Financial Analyst

TL;DR: Routine director stock grant; neutral impact.

The 830-share award to Director Victor Richey is part of the standard non-employee director compensation plan, valued at roughly $24 k at the grant price of $28.61. Post-grant, Richey owns 5,773 shares—still an immaterial stake relative to THR’s ~34 m shares outstanding. No open-market buying or selling occurred, so the transaction offers limited insight into management’s view on valuation. I classify the disclosure as not impactful for valuation or trading purposes.

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 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)
07/01/2025

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	07/01/2025		A		830(1)	A	$28.61	5,773	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	07/02/2025
	** 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

How many Thermon Group (THR) shares did Director Victor Richey acquire?

830 common shares were awarded on 07/01/2025.

What was the grant value of the shares awarded to the THR director?

At $28.61 per share, the award is valued at about $23,745.

How many THR shares does Victor Richey own after the transaction?

His direct ownership increased to 5,773 shares.

Was the transaction an open-market purchase of THR stock?

No, the shares were granted under the Non-Employee Director Compensation Program.

Does the Form 4 include any derivative securities for THR?

No derivative transactions were reported; only common stock was awarded.