Gorman Rupp (GRC) Director Pamela Heminger Receives Award

What Happened

• Pamela A. Heminger, a director of Gorman Rupp Co. (GRC), received an award of 1,344 restricted common shares on April 24, 2026. The grant is reported at an acquisition price of $0.00 per share (total reported value $0), and the shares are subject to vesting.

Key Details

• Transaction date: 2026-04-24; reported on Form 4 filed 2026-04-24.
• Transaction type: Award/Grant of restricted stock (code A).
• Price: $0.00 per share as reported; total reported acquisition value $0.
• Vesting: Footnote indicates the restricted stock vests in full on the date immediately preceding the company’s next annual meeting of shareholders.
• Shares owned after transaction: Not specified in the provided filing information.
• Filing timeliness: No late filing indicated in the record provided.

Context

• Restricted stock awards are a form of compensation for directors and employees and typically vest over time; they are not an open-market purchase or sale and do not by themselves signal buying or selling intent.
• For retail investors, such awards are common and intended for retention/compensation rather than an immediate financial commitment by the insider.