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GORMAN RUPP CO — Director's Dealing 2024
Feb 26, 2024
32094_dirs_2024-02-26_c59b4ac5-96b0-4e07-a991-295286ed3b01.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GORMAN RUPP CO (GRC)
CIK: 0000042682
Period of Report: 2024-02-22
Reporting Person: Kerr James (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-22 | Common Stock | A | 2477 | $0.00 | Acquired | 26833 | Direct |
| 2024-02-22 | Common Stock | F | 278 | $0.00 | Disposed | 26555 | Direct |
| 2024-02-22 | Common Stock | A | 7395 | $0.00 | Acquired | 33950 | Direct |
| 2024-02-24 | Common Stock | F | 204 | $0.00 | Disposed | 33746 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock (Company Stock Plan) | 1698 | Direct |
Footnotes
F1: Represents restricted stock units granted under the Company's shareholder approved equity plan, which vest in annual installments over a three-year vesting period.
F2: Shares withheld for payment of tax liability on vesting of 932 restricted stock units.
F3: Performance-based shares awarded under the Company's shareholder approved equity plan after achieving specific performance goals over the 2022-2023 performance period, which vest on December 31, 2024.
F4: Shares withheld for payment of tax liability on vesting of 684 restricted stock units.
F5: Balance includes 5,027 unvested restricted stock units granted under the Company's shareholder approved equity plan, which vest between February 2025 and February 2027.
F6: Balance reflects 33 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2024 and February 22, 2024.