RICHEY VICTOR L JR 4
Research Summary
AI-generated summary
Thermon (THR) Director Victor Richey Receives 531-Share Award
What Happened
- Victor L. Richey Jr., a director of Thermon Group Holdings, received an award of 531 shares on April 1, 2026. The shares were valued at $51.78 each, for a total reported value of $27,495. This transaction is coded as an award/grant (A) rather than a purchase or sale and reflects director compensation.
Key Details
- Transaction date: April 1, 2026; Filing date: April 2, 2026 (timely).
- Award: 531 shares at $51.78 per share; total value $27,495.
- Shares owned after transaction: not reported in the Form 4 provided.
- Footnotes: F1 — award granted under the Issuer's Non-Employee Director Compensation Program; F2 — price equals the fair market value on April 1, 2026.
- Transaction type: A (award/grant). No indication of a sale, option exercise, or tax-withholding transaction in this filing.
Context
- Director awards are common as part of routine non-employee director compensation and do not necessarily signal a personal purchase decision or change in sentiment. This filing simply reports the grant of shares under the company's compensation program.