BULLOCK DONALD H 4
Research Summary
AI-generated summary
Gorman Rupp (GRC) Director Donald Bullock Receives 1,344-Share Award
What Happened
Donald H. Bullock, a director of Gorman Rupp Co. (GRC), received an award of 1,344 restricted shares on April 24, 2026. The transaction is reported as an Award/Grant (code A) at $0.00 per share (total reported cash value $0). The shares are restricted stock granted under the company’s shareholder-approved equity plan.
Key Details
- Transaction date: 2026-04-24; transaction type: Award/Grant (A).
- Price reported: $0.00 per share; shares granted: 1,344.
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnote: The restricted stock vests in full on the date immediately preceding the company’s next annual meeting of shareholders (per filing footnote F1).
- Filing timing: Reported on 2026-04-24 for the same-date transaction, indicating a timely filing.
Context
Restricted stock awards to directors are typically part of routine compensation and are subject to vesting restrictions; they do not represent an open-market purchase or sale and do not by themselves signal buy/sell intent. Because these shares vest in the future, they are not immediately liquid and may be subject to forfeiture or other plan terms until vesting.