Malone Matthew 4
Research Summary
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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.