secwatch.observer — SEC 8-K summary
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Issuer:     GRAHAM CORP (GHM)
CIK:        0000716314
Form:       8-K
Filed at:   2023-05-23T23:59:59+00:00
Accession:  0001193125-23-151274
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham renews FY2024 executive LTIP and cash bonus plans with RSU/PSU grants
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- Compensation Committee approved RSU/PSU grants: CEO Thoren 18,265 RSUs/36,530 PSUs, CFO Thome 7,123/14,246, VP Malone 7,123/14,246.
- L-T Incentive Percentage set at 100% for CEO, 50% for CFO and VP Malone.
- Cash bonus target: 100% of base salary for CEO, 50% for CFO and VP Malone; payout range 0-200%.
- Performance goals weighted 50% adjusted net income/operating income, 20% bookings, 30% personal goals for all three NEOs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716314/000119312523151274/0001193125-23-151274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716314/000119312523151274/d503990d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-151274

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer