{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-032093","form_type":"8-K","ticker":"GRC","cik":"0000042682","company_name":"GORMAN RUPP CO","filed_at":"2024-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.753216+00:00","generated_at":"2026-05-30T10:12:51.477008+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gorman-Rupp Q3 net income up 44%; Executive Chairman to non-executive role","bullets":["Q3 net income $12.9M ($0.49/share) vs $9.0M ($0.34) in Q3 2023, a 44% increase.","Net sales $168.2M up 0.4%; gross margin improved 260 bps to 31.3%.","Interest expense down $2.7M to $7.8M due to May 2024 refinancing.","Backlog $207.8M at Sep 30 vs $237.5M a year ago; incoming orders up 4.1% YTD.","Jeffrey S. Gorman to step down as Executive Chairman to non-executive Chairman effective Jan 3, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-032093","json":"https://secwatch.observer/filing/0001437749-24-032093.json","markdown":"https://secwatch.observer/filing/0001437749-24-032093.md","text":"https://secwatch.observer/filing/0001437749-24-032093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/42682/000143774924032093/0001437749-24-032093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42682/000143774924032093/grc20241024_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:12:51.477008+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b853ed5502","claim":"Jeffrey S. Gorman changed role as Chairman of the Board at GORMAN RUPP CO.","evidence_excerpt":"Jeffrey S. Gorman notified the Board of Directors of the Company that, effective January 3, 2025, he will transition from Executive Chairman of the Board to Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/42682/000143774924032093/0001437749-24-032093-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transition"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}