Barber James J 4
Research Summary
AI-generated summary
Graham (GHM) Director James J. Barber Converts RSUs, Receives Grant
What Happened
- James J. Barber, a director of Graham Corporation (GHM), had 1,956 restricted stock units (RSUs) vest and convert into common stock on 6/2/2026; the Form 4 lists an acquisition of 1,956 shares at $0.00. The same filing also shows a same-day disposition entry for 1,956 shares at $0.00 (the report does not show cash sale proceeds).
- Barber was also granted 905 RSUs on 6/1/2026 under the 2020 Graham Corporation Equity Incentive Plan (granted at $0.00, to vest later per the award terms).
Key Details
- Transaction dates and types: 6/01/2026 — Grant (A) of 905 RSUs; 6/02/2026 — Conversion/Exercise (M) of 1,956 RSUs to common stock (acquired) and a same-day disposition entry for 1,956 shares.
- Prices/values reported: $0.00 per share and $0 total for the reported entries.
- Shares owned after transaction: Not specified in the supplied filing.
- Footnotes: F1 — 1,956 RSUs vested on 6/2/2026 and converted one-for-one into common stock. F2 — 905 RSUs granted under the 2020 Equity Incentive Plan, vesting on 6/1/2027 and issued in a transaction exempt under Rule 16b-3.
- Filing timeliness: Form filed 2026-06-03 (Period of Report 2026-06-01); no late filing indicated in the provided data.
- Transaction codes: M = exercise/conversion of derivative (here, RSU conversion); A = award/grant.
Context
- RSUs convert into common shares when they vest; such conversions are not market purchases and do not necessarily imply a cash outlay by the insider.
- The Form 4’s same-day “disposed” line for 1,956 shares shows $0 value and does not report a market sale price; the filing and footnote focus on vesting/conversion rather than a cash sale.
- Grants that vest in the future (the 905 RSUs) represent potential future ownership only after vesting and do not indicate immediate market activity.