Graham Corp caps CEO PSU payout at 35,580 shares to comply with plan limit

GRAHAM CORP

Compensation Committee approved amendment on July 21, 2023, limiting CEO Danial J. Thoren's PSU vesting to 35,580 shares.
Original PSU award covered 24,420 shares; new limit prevents exceeding the Plan's 60,000-share annual per-participant cap.
Stockholders will vote on a Plan amendment to clarify target shares used for the annual cap going forward.
Amendment applies to the PSU granted in May 2022; separate time-vesting RSUs of 24,420 shares remain unchanged.

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