Graham Corporation Announces New Fiscal 2026 Compensation Plans for Executives and Directors
Graham Corporation has announced the renewal and amendment of its Fiscal 2026 Annual Stock-Based Long-Term Incentive Award Plan for Senior Executives. Approved by the Compensation Committee on June 2, 2025, the plan includes grants of time-vesting restricted stock units (RSUs) and performance-vesting restricted stock units (PSUs) under the 2020 Graham Corporation Equity Incentive Plan. The RSUs vest over three years, while the PSUs are contingent on the company's performance metrics over the same period. Additionally, non-employee directors received RSUs calculated by dividing $77,000 by the closing stock price of $39.36 on the grant date. Key executives receiving awards include Daniel J. Thoren, Matthew J. Malone, Christopher J. Thome, and Alan E. Smith, with varying Long-Term Incentive Percentages determining their award sizes.
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