Malone Matthew 4

What Happened
Matthew Malone, President, CEO and a director of Graham Corp (GHM), had 1,291 restricted stock units (RSUs convert one-for-one to common stock) vest/convert on 2026-06-04 (reported on Form 4). The conversion is reported as an exercise/conversion of a derivative (code M) for 1,291 shares at $0.00. To cover tax withholding (code F), 371 of those shares were withheld/disposed at $107.96 each, a withholding value of $40,053. Net shares issued to Malone on vesting = 920 shares (1,291 − 371).

Key Details

• Transaction date: 2026-06-04; Form 4 filed 2026-06-08 (timely filing per 2-business-day rule).
• Reported entries: M = 1,291 shares acquired via RSU conversion at $0.00; F = 371 shares withheld/disposed at $107.96 ($40,053).
• Net new shares to insider: 920 shares (not all filings list post-transaction total holdings; that number was not provided in the excerpt).
• Footnotes: F1–F5 indicate these were RSUs that convert one-for-one, shares were withheld to cover tax withholding, and the award vests over multi-year schedules (portions vesting in 2025–2029 as described).
• Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld for tax. No indication of a 10b5-1 plan or other special arrangement in this filing.

Context
This was a routine vesting of RSUs with shares withheld to satisfy tax obligations (a cashless withholding), not an open-market sale or purchase. Such withholding is common and does not necessarily signal insider buying or selling intent; the insider received a net issuance of 920 shares as compensation vesting.