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GRAHAM CORP·4

Jun 3, 4:31 PM ET

Dixon Michael E. 4

Research Summary

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Updated

Graham (GHM) VP Michael E. Dixon Exercises RSUs; Shares Withheld

What Happened

  • Michael E. Dixon, Vice President & General Manager of Barber‑Nichols (an affiliate of Graham Corp), had restricted stock units (RSUs) reported in this filing. On 2026-06-01 a grant/award of 966 RSUs was recorded. On 2026-06-02, 762 derivative shares were converted/exercised into common stock (reported at $0.00 exercise price) and 235 shares were disposed/withheld to cover tax withholding obligations at $106.11 per share (total tax withholding value reported: $24,936).
  • These transactions reflect RSU vesting/conversion and routine share withholding for taxes rather than an open-market purchase or discretionary sale.

Key Details

  • Transaction dates and prices:
    • 2026-06-01: Grant/award of 966 RSUs (acquired, $0.00 per share).
    • 2026-06-02: Exercise/conversion of 762 derivative shares ($0.00).
    • 2026-06-02: 235 shares withheld/disposed to cover taxes at $106.11 per share, proceeds/value $24,936.
  • Shares owned after transaction: Not specified in the information provided in this summary/filing extract.
  • Footnotes / notable notes from the filing:
    • F1: These restricted stock units convert into common stock on a one‑for‑one basis ("RSUs").
    • F2: Shares were withheld to cover tax withholding obligations upon RSU vesting.
    • F3–F5: Vesting schedules vary by award — one award noted one‑third vested on 6/2/2026 with the balance vesting in equal installments in later years; other awards reference vesting on 6/1/2027–6/1/2029 or installments on 2/4/2027 and 2/4/2028. (See filing footnotes for exact award-by-award vesting.)
  • Timeliness: Filing date 2026-06-03 for transactions on 2026-06-01 and 06-02 — appears to be timely (no late filing indicated).

Context

  • These entries report RSU vesting/conversion and withholding for taxes. The $0.00 exercise price and the footnotes indicate these were RSU conversions (not option purchases).
  • The withholding/disposition of 235 shares is a routine tax-withholding action tied to vesting and does not, by itself, indicate the insider’s view of the company’s stock.