Stoops Ronald F 4

What Happened

• Ronald F. Stoops, Vice President, Finance of Gorman Rupp Co. (GRC), was granted equity awards on 2026-02-25 totaling 1,366 shares: 504 shares (award code A) and 862 shares (award code A). Each award is reported at $0.00 because these are grants (not open-market purchases or sales).

Key Details

• Transaction date: 2026-02-25; Filing date: 2026-02-27 (filed within the usual two-business-day Form 4 window).
• Reported amounts: 504 shares and 862 shares; total newly granted = 1,366 shares; reported acquisition price = $0.00 (award/grant).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: 504 shares = restricted stock units (RSUs) that vest in annual installments over a three-year period.
  • F2: 862 shares = performance-based shares tied to 2024–2025 goals; these vest on December 31, 2026.
  • F3: Filing notes a balance reflecting 9 shares acquired under the Employee Stock Purchase Plan between Jan 1 and Feb 25, 2026.
• Transaction code: A = Award/Grant.

Context

• These grants are compensation awards (RSUs and performance shares). Because they are granted (not purchased on the open market), they represent employee compensation rather than a direct buy/sell signal. RSUs typically convert to actual shares as they vest; performance shares vest only if specified targets are met by the end of the performance period.