Corporate GovernanceJun 5, 2026, 04:38 PM
Graham Corp Approves Fiscal 2027 Executive & Director Compensation
AI Summary
Graham Corporation's Compensation Committee renewed and amended its Fiscal 2027 Annual Long-Term Incentive Award Plan and Annual Executive Cash Bonus Program. The company approved grants of time-vesting restricted stock units (RSUs) and performance-vesting restricted stock units (PSUs) to named executive officers, with specific allocations for Matthew Malone, Daniel J. Thoren, and Christopher J. Thome. Additionally, non-employee directors each received 905 RSUs. The cash bonus program sets target levels and performance goal weightings for Fiscal 2027.
Key Highlights
- LTI Bonus Program renewed for Fiscal 2027, includes RSUs and PSUs for executives.
- CEO Matthew Malone granted 6,036 RSUs and 12,072 maximum PSUs.
- Executive Chairman Daniel J. Thoren granted 629 RSUs and 1,258 maximum PSUs.
- CFO Christopher J. Thome granted 1,408 RSUs and 2,816 maximum PSUs.
- Cash Bonus Program targets CEO Malone at 100% of base salary for Fiscal 2027.
- Non-employee directors each received 905 RSUs, valued at $90,000.
- PSUs vest based on 3-year ROIC change (50%) and cumulative revenue growth (50%).
- Cash bonuses tied to Adjusted EBITDA (40%), Bookings (20%), Safety (20%), Personal Goals (20%).
Price Impact
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