GORMAN RUPP CO·4

Apr 24, 1:46 PM ET

Heminger Pamela A 4

Research Summary

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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.