Alan E. Smith changed role as Vice President and General Manager at GRAHAM CORP.
“Mr. Smith transitioned into the role of Strategic Advisor on an at-will basis through the Transition Period.”
GRAHAM CORP — fact timeline
Source-grounded facts extracted from GRAHAM CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Daniel J. Thoren resigned as Executive Chairman at GRAHAM CORP.
“On June 15, 2026, Daniel J. Thoren notified Graham Corporation (the “Company”) of his intention to step down from his positions as the Company’s Executive Chairman and as a director, effective as of June 15, 2026.”
GRAHAM CORP reported its fourth quarter and fiscal year ended March 31, 2026 results: revenue $67,078, net income $1,970, EPS $0.18.
“are with the same prior-year period unless noted otherwise.) ($ in thousands except per share data) Q4 FY26 Q4 FY25 $ Change % Change FY 2026 FY 2025 Change % Change Net sales $ 67,078 $ 59,345 $ 7,733 13 % $ 245,293 $ 209,896 $ 35,397 17 % Gross profit $ 15,254 $ 16,008 $ (754 ) -5 % $ 57,750 $ 52,861 $ 4,889 9 % Gross margin 22.7 % 27.0 % -430 bps 23.5 % 25.2”
Alan Smith retired as Vice President and General Manager of Graham Manufacturing at GRAHAM CORP.
“As previously disclosed, Alan Smith, effective April 1, 2026, retired from his position as Vice President and General Manager of Graham Manufacturing, and transitioned to an advisory role with the Company.”
GRAHAM CORP issued 599,808 shares of common stock to accounts advised by T. Rowe Price Investment Management, Inc. for $83.36 per share for aggregate gross proceeds of $50 million.
“On April 14, 2026, Graham Corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain accounts advised by T. Rowe Price Investment Management, Inc. (the “Investors”) pursuant to which the Company agreed to sell an aggregate of 599,808 shares of its common stock, par value $0.10 per share (the “Shares”) for $83.36 per share for aggregate gross proceeds of $50 million (the “PIPE”).”
GRAHAM CORP entered into Securities Purchase Agreement with certain accounts advised by T. Rowe Price Investment Management, Inc. valued at $50 million (effective 2026-04-14).
“On April 14, 2026, Graham Corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain accounts advised by T. Rowe Price Investment Management, Inc. (the “Investors”) pursuant to which the Company agreed to sell an aggregate of 599,808 shares of its common stock, par value $0.10 per share (the “Shares”) for $83.36 per share for aggregate gross proceeds of $50 million (the “PIPE”).”
GRAHAM CORP entered into Second Amendment with Wells Fargo Bank National Association valued at Revolving credit limit increased from $50.0 million to $80.0 million; permits up to $5.0 million in (effective 2026-01-23).
“On January 23, 2026, Graham Corporation (the “Company”) entered into a second amendment (the “Second Amendment”) to its existing credit agreement, by and between the Company and Wells Fargo Bank National Association (“Wells Fargo”), dated as of October 13, 2023, as amended (the “Credit Agreement”).”
Matthew Malone changed role as President and Chief Executive Officer at GRAHAM CORP.
“Effective June 10, 2025, Mr. Malone shall be employed as the Company’s President and Chief Executive Officer (the “CEO Period”).”
Matthew Malone was appointed as President and Chief Operating Officer at GRAHAM CORP.
“Pursuant to the Malone Employment Agreement, Mr. Malone will serve as President and Chief Operating Officer of the Company effective February 5, 2025 through the close of business on June 9, 2025 (the “COO Period”).”
Daniel J. Thoren changed role as Executive Chairman at GRAHAM CORP.
“Pursuant to the Thoren Employment Agreement, Mr. Thoren will continue to serve as Chief Executive Officer of the Company through the close of business on June 9, 2025 after which Mr. Thoren will transition to Executive Chairman effective as of June 10, 2025.”
GRAHAM CORP reported third quarter ended December 31, 2023 results: revenue $43.8 million, net income $0.2 million, EPS $0.02 per diluted share. Guidance raised.
“News Release Graham Corporation ̈ 20 Florence Avenue ̈ Batavia, NY 14020 IMMEDIATE RELEASE G RAHAM C ORPORATION ’ S G ROSS M ARGIN E XPANDS 660 B ASIS P OINTS ON S ALES OF $43.8 MILLION IN T HIRD Q UARTER OF F ISCAL 2024 • T HIRD QUARTER SALES GREW 10% TO $43.8 MILLION DRIVEN BY DEFENSE PROJECTS AND AFTERMARKET SALES IN SUPPORT OF REFINING AND PETROCHEMICAL”
GRAHAM CORP reported second quarter ended September 30, 2023 results: revenue $45.1 million, net income $0.4 million, EPS $0.04 per diluted share.
“per diluted share, as well as the reconciliation of net income to adjusted EBITDA, adjusted net income (loss), and adjusted net income (loss) per diluted share. Net sales of $45.1 million increased 18.2%, or $7.0 million. Sales to the defense market increased $10.3 million, or 69%, reflecting more direct labor, better execution, the timing of material receipts,”
GRAHAM CORP incurred revolving credit of $50.0 million senior secured revolving credit facility with Wells Fargo Bank, National Association at Term SOFR plus an applicable margin ranging between 1.25% per annum and 2.50% pe maturing October 13, 2028.
“credit agreement (the “Credit Agreement”), by and among the Company and Wells Fargo Bank, National Association, as lender (the “Lender”). The Credit Agreement consists of (i) a $50.0 million senior secured revolving credit facility (the “Revolving Credit Facility”), of which $35.0 million is available to be borrowed by the Company under the Revolving Credit Facility”
GRAHAM CORP terminated Loan Agreement with Bank of America, N.A. (effective 2023-10-13).
“On October 13, 2023, concurrently with the closing of the Credit Agreement described above in Item 1.01, the Company terminated that certain Loan Agreement, dated as of June 1, 2021, between the Company and Bank of America, N.A., as amended, and repaid all outstanding borrowings thereunder in full.”
GRAHAM CORP entered into Credit Agreement with Wells Fargo Bank, National Association valued at $50.0 million senior secured revolving credit facility (effective 2023-10-13).
“On October 13, 2023, Graham Corporation (the “Company”) entered into a new credit agreement (the “Credit Agreement”), by and among the Company and Wells Fargo Bank, National Association, as lender (the “Lender”).”
GRAHAM CORP shareholders approved Approval of Amendment No. 1 to the 2020 Graham Corporation Equity Incentive Plan at the 2023-08-22 meeting.
“5. The Company’s stockholders approved Amendment No. 1 to the 2020 Graham Corporation Equity Incentive Plan.”
GRAHAM CORP shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending March 31, 2024 at the 2023-08-22 meeting.
“4. The Company’s stockholders ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024.”
GRAHAM CORP shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-08-22 meeting.
“3. On an advisory basis, the Company’s stockholders approved the frequency of future advisory votes on the compensation of the Company’s NEOs.”
GRAHAM CORP shareholders approved Advisory approval of the compensation of the named executive officers at the 2023-08-22 meeting.
“2. On an advisory basis, the Company’s stockholders approved the compensation of the Company’s named executive officers”
GRAHAM CORP shareholders approved Election of two directors, each for a three-year term expiring in 2026 at the 2023-08-22 meeting.
“1. The Company’s stockholders elected two directors, each for a three-year term expiring in 2026 or until his successor is duly elected and qualified.”
GRAHAM CORP reported Full year ended March 31, 2023 results: revenue $ 157.1, net income $ 0.4, EPS $ 0.03.
“($ in millions except per share data) FY23 FY22 Change Net sales $ 157.1 $ 122.8 $ 34.3 Gross profit $ 25.4 $ 9.1 $ 16.3 Gross margin 16.2% 7.4% Operating income (loss) $ 1.3 $ (11.3 ) $ 12.6 Operating margin 0.8% (9.2% ) Net income (loss) $ 0.4 $ (8.8 ) $ 9.2 Diluted net income (loss) per share $ 0.03 $ (0.83 ) $ 0.86”
GRAHAM CORP reported Fourth quarter ended March 31, 2023 results: revenue $ 43.0, net income $ (0.5 ), EPS $ (0.05 ).
“($ in millions except per share data) Q4 FY23 Q4 FY22 $ Change Net sales $ 43.0 $ 39.7 $ 3.3 Gross profit $ 7.2 $ 4.2 $ 3.0 Gross margin 16.6% 10.6% Operating loss $ (0.4 ) $ (2.1 ) $ 1.7 Operating margin (0.8% ) (5.2% ) Net loss $ (0.5 ) $ (1.4 ) $ 0.9 Diluted net loss per share $ (0.05 ) $ (0.13 ) $ 0.08”
GRAHAM CORP reported third quarter ended December 31, 2022 results: revenue $39.9 million, net income $368 thousand, EPS $0.03 on a per diluted share basis. Guidance raised.
“--- EX-99.1 Exhibit 99.1 News Release Graham Corporation ◆ 20 Florence Avenue ◆ Batavia, NY 14020 IMMEDIATE RELEASE G RAHAM C ORPORATION E XECUTING TO P LAN AND D ELIVERS $39.9 MILLION IN R EVENUE FOR T HIRD Q UARTER F ISCAL 2023 • T HIRD QUARTER SALES INCREASED 39%, OR $11.1 MILLION , TO $39.9 MILLION OVER PRIOR - YEAR PERIOD REFLECTING SOLID EXECUTION ON”
GRAHAM CORP reported second quarter ended September 30, 2022 results: revenue $38.1 million, net income Net loss was $196 thousand, EPS diluted earnings per share (“EPS”) was a loss of $0.02 per share. Guidance reaffirmed.
“RELEASE G RAHAM C ORPORATION R EPORTS S ECOND Q UARTER F ISCAL 2023 S ALES G ROWTH OF 12% AND R ECORD B ACKLOG OF $313 MILLION ● S ECOND QUARTER SALES INCREASED $4.0 MILLION TO $38.1 MILLION OVER THE PRIOR - YEAR PERIOD REFLECTING SOLID GROWTH IN SPACE AND R EFINING /P ETROCHEMICAL C OMMERCIAL A FTERMARKET ● D EFENSE , SPACE AND OTHER COMMERCIAL REPRESENTED 65% OF”
Christopher J. Thome was appointed as Chief Accounting Officer at GRAHAM CORP.
“On July 27, 2022, Christopher J. Thome, the Company’s Vice President - Finance, Chief Financial Officer and principal financial officer, was appointed Chief Accounting Officer and principal accounting officer effective as of August 1, 2022.”
Jennifer Condame resigned as Chief Accounting Officer at GRAHAM CORP.
“On July 27, 2022, Jennifer Condame notified Graham Corporation (the “Company”) that, in connection with her upcoming retirement, she is resigning as Chief Accounting Officer of the Company effective as of August 1, 2022.”
Jonathan W. Painter was appointed as Chair of the Board at GRAHAM CORP.
“As of March 23, 2022, Jonathan W. Painter was appointed Chair of the Board.”
Gerard T. Mazurkiewicz retired as Director and Chair of the Audit Committee at GRAHAM CORP.
“On March 24, 2022, the Company announced the retirements of James J. Malvaso, Chair of the Board, and Gerard T. Mazurkiewicz, independent director and Chair of the Audit Committee, effective immediately.”
James J. Malvaso retired as Chair of the Board at GRAHAM CORP.
“On March 24, 2022, the Company announced the retirements of James J. Malvaso, Chair of the Board, and Gerard T. Mazurkiewicz, independent director and Chair of the Audit Committee, effective immediately.”
Troy A. Stoner was appointed as Director at GRAHAM CORP.
“On March 23, 2022, the board of directors (the “Board”) of Graham Corporation (the “Company”) appointed Cari L. Jaroslawsky and Troy A. Stoner to the Board, effective immediately.”
Cari L. Jaroslawsky was appointed as Director at GRAHAM CORP.
“On March 23, 2022, the board of directors (the “Board”) of Graham Corporation (the “Company”) appointed Cari L. Jaroslawsky and Troy A. Stoner to the Board, effective immediately.”
Jeffrey F. Glajch departed as Chief Financial Officer at GRAHAM CORP.
“Mr. Glajch will retire from the Company on April 15, 2022”
Christopher Thome was appointed as Vice President - Finance and Chief Financial Officer at GRAHAM CORP.
“Mr. Thome will serve as the Company's Vice President - Finance and Chief Financial Officer commencing April 4, 2022”
Jeffrey F. Glajch departed as Chief Financial Officer at GRAHAM CORP.
“On November 29, 2021, Graham Corporation (the “Company”), announced the upcoming retirement of Jeffrey F. Glajch, Chief Financial Officer, in the first half of 2022.”
Daniel Thoren was appointed as President and Chief Executive Officer at GRAHAM CORP.
“Pursuant to the terms of the Restated Employment Agreement, Mr. Thoren will become the Company's President and Chief Executive Officer effective as of the close of business on August 31, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.