Graham Corp Director Gregorio Mauro Converts 936 RSUs

What Happened

• Gregorio Mauro, a director of Graham Corp (GHM), had 936 restricted stock units (RSUs) vest and convert into 936 common shares on 2026-09-02 (transaction code M — exercise/conversion of derivative). The filing also shows 936 shares were disposed/ surrendered the same day. Both the acquisition and disposition list a $0.00 per-share price and $0 total proceeds.
• Net effect from this event: 936 RSUs converted and 936 shares surrendered (commonly done to satisfy tax withholding), so there is no reported cash purchase or sale and no net increase in shares held from this transaction.

Key Details

• Transaction date: 2026-09-02; Form 4 filed 2026-09-03 (timely).
• Acquired: 936 shares at $0.00 (conversion of RSUs). Disposed: 936 shares at $0.00 (surrender/withholding).
• Transaction code: M = exercise or conversion of a derivative (here, RSUs converting into common stock).
• Footnotes: F1 notes these RSUs vested on 9/2/2026. F2 references other RSUs that vest on 6/1/2027 (per the award notice).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This appears to be routine RSU vesting with shares surrendered (likely for tax withholding), not an open-market sale or purchase. Such conversions at $0 typically reflect vesting mechanics rather than a directional trade by the insider.
• For retail investors: this is standard compensation-related activity and not a clear bullish or bearish signal by the director.