Zmyndak William H. 4
Research Summary
AI-generated summary
Graham Corp (GHM) VP William H. Zmyndak Receives RSU Award
What Happened
William H. Zmyndak, Vice President & General Manager, Graham Manufacturing, was granted 1,026 restricted stock units (RSUs) on 2026-06-01. The award is reported as a derivative grant at $0.00 per share (no cash paid). These RSUs convert one-for-one into common shares when vested.
Key Details
- Transaction date and type: 2026-06-01 — Award/Grant of 1,026 RSUs (code A).
- Reported price: $0.00 (derivative grant); reported value $0 at grant.
- Plan and exemption: Granted under the 2020 Graham Corporation Equity Incentive Plan; exempt under Rule 16b-3.
- Vesting (per filing footnotes): RSUs convert 1:1 to common stock. Filing notes vesting generally one‑third on each of 6/1/2027, 6/1/2028 and 6/1/2029 (footnote F2). An additional vesting schedule in the filing (footnote F3) lists vesting of 1,319 RSUs on 3/24/2027, 1,319 RSUs on 3/24/2028 and 835 RSUs on 3/24/2029 (as described in the filing).
- Shares owned after transaction: Not specified in the provided excerpt.
- Timeliness: Transaction dated 6/1/2026 and Form 4 filed 6/3/2026 — appears timely (within Form 4 reporting window).
Context
This was an equity award, not an open‑market purchase or sale. RSUs are a form of deferred compensation: they only convert to actual shares if and when they vest per the stated schedule and any other award conditions. Grants under Rule 16b-3 are routine for insiders and do not by themselves indicate buying or selling sentiment.