Reynolds Kenneth R 4

What Happened

• Kenneth R. Reynolds, a director of Gorman Rupp Co. (GRC), was granted 1,344 restricted shares on 2026-04-24. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant). The filing notes these are restricted shares granted under the company’s shareholder-approved equity plan and will vest in full on the date immediately preceding the next annual meeting of shareholders.

Key Details

• Transaction date and price: 2026-04-24; 1,344 shares acquired at $0.00 per share (grant).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — represents restricted stock that vests in full the day before the next annual meeting.
• Filing timeliness: Report filed for the period ending 2026-04-24; no late filing indicated.
• Transaction code: A (award/grant of restricted stock).

Context

• This was a compensation award, not an open-market purchase or sale. Restricted-stock grants are a form of executive/director compensation and will only convert to freely tradable shares upon vesting (and any applicable withholding). Such awards indicate compensation alignment with shareholders but are not the same signal as an insider buying shares on the open market. Check future Form 4s for vesting-related activity or any subsequent sales.