Thoren Daniel J. 4

What Happened Daniel J. Thoren, Executive Chairman and Director of Graham Corporation (GHM), was issued 22,101 shares upon the vesting of performance-based restricted stock units (PSUs) on 2026-06-08 (recorded as an award at $0.00). To satisfy tax-withholding obligations on the vesting, 8,095 of those shares were withheld/disposed at $95.34 per share for a value of $771,777. The award was reported on Form 4 filed 2026-06-10.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (appears timely).
• Award: 22,101 shares recorded as acquired at $0.00 (PSU vesting).
• Disposition for tax withholding: 8,095 shares at $95.34 each = $771,777 (code F).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: Awarded upon vesting of performance-based RSUs under the 2020 Equity Incentive Plan (exempt under Rule 16b-3); shares withheld to cover taxes; PSUs/RSUs convert 1:1 to common stock; vesting schedules for other RSU tranches are described in footnotes.

Context This was primarily a compensation-related award (PSU vesting) rather than an open-market purchase or a discretionary sale. The only shares disposed were withheld to meet tax obligations — a routine administrative step that does not necessarily indicate management sentiment about the stock.