GORMAN JEFFREY S 4

What Happened
Jeffrey S. Gorman, a reported 10% owner of Gorman Rupp Co. (GRC), reported multiple gift transactions on May 7, 2026. The filings show two gifts disposing of 1,880 and 1,680 shares (total disposed 3,560) and one gift acquisition of 3,360 shares. All transactions are coded G (Gift) and reported at $0 per share, so no cash changed hands; the net effect is a reduction of 200 shares.

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (timely).
• Reported transactions (all code G = Gift):
  • Disposed 1,880 shares @ $0.00
  • Disposed 1,680 shares @ $0.00
  • Acquired 3,360 shares @ $0.00
• Net change: -200 shares.
• Shares owned after transaction: total holdings after these transactions are not specified in the filing. Footnote: balance reflects 373 shares acquired through dividend reinvestment.
• Insider status: Jeffrey S. Gorman is a 10% owner (large holder).
• Filing timeliness: not marked late; filed four days after the transactions.

Context
Gifts (code G) are transfers that generally do not reflect buying or selling for investment reasons and can be for personal, family, or charitable planning. For retail investors, purchases are usually a stronger signal than gifts; this set of transactions is largely administrative in nature and does not, by itself, indicate insider sentiment about the company. The footnote about 373 shares via dividend reinvestment simply explains part of the reported balance and is unrelated to the gift transactions.