Malone Matthew 4
4 · GRAHAM CORP · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Graham (GHM) CEO Matthew Malone Receives Award; Shares Withheld
What Happened Matthew Malone, President, CEO and Director of Graham Corporation (GHM), was awarded 8,619 shares on 6/8/2026 upon the vesting of performance-based restricted stock units (PSUs). The award is recorded as an acquisition (A) at $0.00 per share. To cover tax withholding obligations (code F), 2,477 of those shares were withheld/disposed at $95.34 per share, totaling $236,157. This issuance and withholding were made under the company’s equity plan and reported in a Form 4 filed 6/10/2026.
Key Details
- Transaction dates: Award and withholding occurred on 2026-06-08; Form 4 filed 2026-06-10 (timely).
- Prices and values: Awarded shares recorded at $0.00; 2,477 shares withheld at $95.34 each for $236,157.
- Shares owned after transaction: Not specified in the disclosed summary.
- Notable footnotes: F1 — PSUs vested based on performance over the three-year period ending 3/31/2026; F2 — shares withheld to satisfy tax withholding; F3 — these RSUs convert one-for-one into common stock. The transaction was exempt under Rule 16b-3.
- Transaction codes: A = Award/Grant; F = Tax withholding (not an open‑market sale).
Context These were performance-based RSUs that vested (converted into common shares 1:1), not purchases or open-market sales. Withholding shares to meet tax obligations is a routine, administrative step (a form of cashless settlement) and does not necessarily reflect a decision to sell shares in the market. For investors, awards signal executive compensation delivery rather than a direct bullish or bearish trade.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-08+8,619→ 66,106 total - Tax Payment
Common Stock
[F2]2026-06-08$95.34/sh−2,477$236,157→ 63,629 total
- 1,291
Restricted Stock Units
[F3][F4]Exercise: $0.00→ Common Stock (1,291 underlying) - 5,082
Restricted Stock Units
[F3][F5]Exercise: $0.00→ Common Stock (5,082 underlying) - 6,036
Restricted Stock Units
[F3][F6]Exercise: $0.00→ Common Stock (6,036 underlying)
Footnotes (6)
- [F1]These shares were awarded to Mr. Malone upon the vesting of performance-based restricted stock units ("PSUs") granted to him under the 2020 Graham Corporation Equity Incentive Plan in a transaction exempt under Rule 16b-3. The shares underlying this award vested after three years based on the Company's achievement on certain pre-determined performance measures over the eligible three-year period that ended on 3/31/2026.
- [F2]Shares withheld to cover tax withholding obligations upon the vesting of PSUs.
- [F3]These restricted stock units convert into common stock on a one-for-one basis ("RSUs").
- [F4]Two-thirds of the original grant of these RSUs vested in substantially equal installments on each of 6/4/2025 and 6/4/2026, and except as otherwise provided in the award notice, the balance vests on 6/4/2027.
- [F5]One-third of the original grant of these RSUs vested on 6/2/2026, and except as otherwise provided in the award notice, the balance vests in substantially equal installments on 6/2/2027 and 6/2/2028.
- [F6]These RSUs vest one-third on each of 6/1/2027, 6/1/2028 and 6/1/2029, except as otherwise provided in the award notice.