Harris-Peterson Candace 4
4 · Thermon Group Holdings, Inc. · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Thermon (THR) SVP Candace Harris-Peterson Receives Awards, Sells Shares
What Happened
- Candace Harris-Peterson, Senior VP of Human Resources at Thermon Group Holdings (THR), received equity awards and had shares surrendered to cover tax withholding. On May 12, 2026 she was credited with three awards totaling 9,532 shares (3,238; 2,430; 3,864) and 2,314 shares were surrendered (disposed) as tax withholding at a fair market value of $64.69 per share, generating proceeds of $149,693 (reported as code F — tax/payment of exercise price).
- The 9,532 shares consist of two performance-based awards (3,238 and 2,430 shares) that vested after the issuer’s compensation committee certified performance, plus a grant of 3,864 restricted stock units. The performance awards reflect above-target payouts: 163.60% of target (1,979 → 3,238) and 105.22% of target (2,309 → 2,430).
Key Details
- Transaction date(s): May 12, 2026; Form 4 filed May 14, 2026 (timely within SEC rules).
- Prices/values: tax-withheld shares disposed at $64.69 per share, total proceeds reported $149,693.
- Transaction types: A = Award/Grant (3 awards); F = tax/payment of exercise price (2,314 shares surrendered).
- Footnotes of note:
- Performance awards were originally granted June 1, 2023 and vested upon certification of performance (certified May 12, 2026).
- The 3,864 restricted stock units were newly granted on May 12, 2026 and vest on the third anniversary of the grant (convert 1-for-1 to shares).
- 2,314 shares were surrendered to satisfy tax withholding obligations upon vesting.
- Filing notes the reporting person holds 9,736 restricted stock units (per footnote).
- Shares owned after transaction: The filing identifies restricted stock unit holdings (9,736 RSUs) but does not list a comprehensive total of common shares owned after the transactions.
Context
- These transactions are primarily awards vesting and related tax withholding — not open-market buying or selling for investment. Tax-withholding share surrender (code F) is a routine administrative disposition, not an independent sale indicating sentiment.
- Performance units increased the delivered share count above target levels (notable payout multipliers), while the RSU grant vests over time.
Insider Transaction Report
Form 4
Harris-Peterson Candace
SVP, Human Resources
Transactions
- Award
Common Stock
[F1]2026-05-12+3,238→ 34,527 total - Award
Common Stock
[F2]2026-05-12+2,430→ 36,957 total - Award
Common Stock
[F3]2026-05-12+3,864→ 40,821 total - Tax Payment
Common Stock
[F4][F5][F6]2026-05-12$64.69/sh−2,314$149,693→ 38,507 total
Footnotes (6)
- [F1]On June 1, 2023, the reporting person was granted a performance unit award vesting on March 31, 2026, subject to the Issuer's compensation committee certifying the Issuer's return on invested capital performance during the applicable performance period as further specified in the equity award agreement. Of the 1,979 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2026, the reporting person actually earned 163.60%, or 3,238 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 12, 2026.
- [F2]On June 1, 2023, the reporting person was granted a performance unit award vesting on March 31, 2026, subject to the Issuer's compensation committee certifying the Issuer's adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 2,309 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2026, the reporting person actually earned 105.22%, or 2,430 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 12, 2026.
- [F3]On May 12, 2026, the reporting person was granted an award of restricted stock units. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. The award vests in full on the third anniversary of the grant date. Restricted stock units convert into shares of the Issuer's common stock on a one-for-one basis.
- [F4]These shares were surrendered for tax payment upon vesting of restricted stock units on May 12, 2026.
- [F5]Sales price is the fair market value on Tuesday, May 12, 2026.
- [F6]Includes 9,736 restricted stock units held by the reporting person.
Signature
/s/ Ryan Tarkington, Attorney-in-Fact|2026-05-14