secwatch.observer — SEC 8-K summary
======================================

Issuer:     GRAHAM CORP (GHM)
CIK:        0000716314
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001193125-24-164001
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham Corp amends FY2025 executive bonus plan; CEO target at 100% of base
--------------------------------------------------------------------------

- CEO Daniel Thoren target bonus set at 100% of base salary; CFO Thome and VP Malone at 50%.
- Bonus based 50% on Adjusted EBITDA, 20% on Bookings, 30% on personal goals.
- Effective June 17, 2024; plan permits payouts from 0% to 200% of target.
- Compensation Committee retains discretion to adjust final payouts upward or downward.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716314/000119312524164001/0001193125-24-164001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716314/000119312524164001/d853371d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-164001

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