CLARKE JOHN U 4
Research Summary
AI-generated summary
Thermon (THR) Director John U. Clarke Receives 531-Share Award
What Happened
John U. Clarke, a director of Thermon Group Holdings, received an award of 531 shares (transaction code A) on April 1, 2026. The shares were valued at $51.78 each (fair market value), for a total grant value of $27,495. This was an award under the issuer's non-employee director compensation program, not an open-market purchase.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely; filed the next day).
- Price per share: $51.78 (noted as the fair market value on April 1, 2026).
- Shares acquired: 531; Total value: $27,495.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — award pursuant to Issuer's Non-Employee Director Compensation Program; F2 — price equals fair market value on 2026-04-01.
- Transaction type: A = Award/Grant (non-employee director compensation).
Context
Director awards under a non-employee director compensation plan are common and typically part of routine pay for board service. Such awards represent issuance of company stock rather than a market buy or sale and should be interpreted as compensation, not necessarily a signal of the director’s view on the stock.