Thoren Daniel J. 4

What Happened

• Daniel J. Thoren, Executive Chairman and Director of Graham Corp (GHM), had restricted stock units (RSUs) vest/convert in early June 2026. The filing shows a 629-share RSU grant on 2026-06-01 and conversions on 2026-06-02 that resulted in 529 shares being issued. To satisfy tax withholding obligations, 152 of the newly issued shares were withheld at $106.11 per share (total value $16,129). The RSU conversion/exercise had no cash exercise price ($0).

Key Details

• Transaction dates: Grant dated 2026-06-01; conversions/settlement and withholding on 2026-06-02. Filing date: 2026-06-03 (Period of Report: 2026-06-01).
• Prices/values: Withheld 152 shares @ $106.11 = $16,129. Exercise/conversion price reported as $0 for RSU settlement.
• Shares owned following transaction: Not specified in the provided transaction summary.
• Footnotes included in the filing clarify: RSUs convert one-for-one into common stock; shares were withheld to cover tax withholding; vesting schedules (one‑third vested 6/2/2026 for one grant, with remaining installments in later years) and that grants were under the 2020 Graham Corporation Equity Incentive Plan.
• Filing timeliness: Filed on 2026-06-03 for early-June transactions; no late-filing flag indicated.

Context

• These entries reflect routine RSU vesting/settlement rather than an open-market purchase or intentional sale. Withholding of shares to cover taxes (a net settlement) is common practice and does not necessarily indicate a change in the insider’s view of the company. The RSUs have scheduled future vesting installments per the award notices cited in the filing.