Dalgetty Linda 4

What Happened
Linda Dalgetty, a director of Thermon Group Holdings, Inc. (THR), disposed of 34,584 Thermon shares on June 1, 2026. The Form 4 reports the disposition to the issuer (code D) related to Thermon’s merger into CECO Environmental Corp. Per the merger terms, Dalgetty elected the cash consideration of $63.89 per share, implying gross proceeds of about $2,209,572. The Form 4 lists the trade price as N/A because the shares were converted in the merger rather than sold on the open market.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filed).
• Transaction type/code: Disposition to issuer (D) — merger conversion of shares.
• Shares disposed: 34,584; per-footnote cash election: $63.89/share → ~ $2,209,572 gross.
• Shares owned after transaction: not disclosed in the Form 4.
• Relevant footnotes: The sale resulted from the Agreement and Plan of Merger (Feb 23, 2026). Under the Merger Agreement, each Thermon share could be converted into mixed, cash ($63.89), or stock consideration; the reporting person elected cash.
• No 10b5-1, tax-withholding, or late-filing flags noted in the filing.

Context
This was not an open-market sale but a mandatory/contractual conversion of shares into merger consideration. Such dispositions reflect deal mechanics rather than an insider expressing a view by selling on the market; the filing simply documents the exchange of Thermon shares for the elected merger cash payout.