Graham (GHM) has issued an announcement.
Graham Corporation’s Compensation Committee has updated its incentive program for senior executives for Fiscal 2025, endorsing grants of various restricted stock units (RSUs) and performance-vesting stock units (PSUs) to key officers. The RSUs will vest annually over three years, while the PSUs are contingent on the company’s financial performance and will vest on the third anniversary if certain revenue and return on invested capital benchmarks are met. Additionally, non-employee Directors received RSU grants, each valued at $75,000 based on the stock’s closing price on the grant date. This move aligns executive compensation with the company’s financial success, potentially driving growth and investor confidence.
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