GHM 8-K
Graham Corp (GHM)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 24, 2026, the Compensation Committee (the “Committee”) of the Board of Directors of Graham Corporation (the “Company”), approved an increase to the annual base salary for Matthew J. Malone, the Company’s President and Chief Executive Officer, and Christopher J. Thome, the Company’s Vice President – Finance, Chief Financial Officer and Chief Accounting Officer, resulting in the following annual base salaries:
| Name |
Annual Base Salary | |||
| Matthew J. Malone |
$ | 600,000 | ||
| Christopher J. Thome |
$ | 400,000 | ||
Further, on March 24, 2026, the Committee approved an increase to the target equity long-term incentive plan (the “LTIP”) award Mr. Malone will receive, which is based on a percentage of base salary. For fiscal 2027, Mr. Malone will receive a target LTIP award equal in value to 200% of his base salary.
Finally, on March 24, 2026, the Committee approved an increase to the target Executive Cash Bonus Program (the “Cash Bonus Program”) award Mr. Thome will receive, which is based on a percentage of base salary. For fiscal 2027, Mr. Thome will receive a target Cash Bonus Program award equal in value to 70% of his base salary.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Graham Corporation | ||||||
| Date: March 30, 2026 | By: | /s/ Christopher J. Thome | ||||
| Christopher J. Thome | ||||||
| Vice President – Finance, Chief Financial Officer and Chief Accounting Officer | ||||||