Thome Christopher J. 4
Research Summary
AI-generated summary
Graham Corp (GHM) CFO Christopher Thome Receives Award
What Happened
Christopher J. Thome, VP‑Finance and CFO of Graham Corporation (GHM), was awarded 8,619 shares upon vesting of performance‑based restricted stock units (PSUs). To satisfy tax withholding obligations, 3,193 of those shares were withheld (reported as disposed) at an effective withholding value of $95.34 per share, totaling $304,421. The award was reported as an acquisition at $0.00 per share (shares issued upon vesting).
Key Details
- Transaction dates: vesting/award and withholding occurred on 2026-06-08; Form 4 filed 2026-06-10 (filed within the normal Form 4 window).
- Awarded shares: 8,619 common shares (A) at $0.00 (issued upon PSU vesting).
- Withheld/disposed shares: 3,193 shares (F) at $95.34 = $304,421 (tax withholding).
- Shares owned after transaction: Not specified in the supplied filing.
- Relevant footnotes: award resulted from PSUs under the 2020 Equity Incentive Plan and vested based on pre‑determined performance for the three‑year period ending 3/31/2026; RSUs convert one‑for‑one to common stock; withholding was to cover tax obligations.
- Filing timeliness: Reported on 6/10/2026 for a 6/8/2026 transaction — within the typical two‑business‑day Form 4 reporting window.
Context
This was an equity award vesting (not an open‑market purchase or a deliberate sale). The withholding of shares to cover tax liabilities is routine and does not necessarily signal a change in insider sentiment. The award was performance‑based (PSUs) tied to multi‑year targets, as described in the filing footnotes.