Gorman-Rupp Files 8-K on Operations and Personnel Changes
Ticker: GRC · Form: 8-K · Filed: Oct 25, 2024 · CIK: 42682
| Field | Detail |
|---|---|
| Company | Gorman Rupp CO (GRC) |
| Form Type | 8-K |
| Filed Date | Oct 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: operations, personnel, financials
Related Tickers: GRC
TL;DR
GRC dropped an 8-K detailing Q3 results and exec changes. Check it out.
AI Summary
The Gorman-Rupp Company filed an 8-K on October 25, 2024, reporting on results of operations, financial condition, and changes in directors and officers. The filing covers events as of October 24, 2024, and includes financial statements and exhibits.
Why It Matters
This filing provides crucial updates on the company's financial performance and any significant changes in its leadership or board structure, impacting investor understanding.
Risk Assessment
Risk Level: low — This is a routine 8-K filing reporting on financial results and personnel matters, not indicating immediate operational or financial distress.
Key Players & Entities
- The Gorman-Rupp Company (company) — Registrant
- Ohio (location) — State of incorporation
- Mansfield (location) — Principal executive offices city
FAQ
What specific financial results are being reported in this 8-K?
The filing indicates it covers 'Results of Operations and Financial Condition' as of October 24, 2024, but the specific financial figures are detailed within the accompanying financial statements and exhibits, not summarized in the initial report text.
What changes in directors or officers are reported?
The filing lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as an item information, suggesting personnel changes have occurred.
When was the earliest event reported in this filing?
The earliest event reported is dated October 24, 2024.
What is the SIC code for The Gorman-Rupp Company?
The Standard Industrial Classification (SIC) code for The Gorman-Rupp Company is 3561, which corresponds to 'PUMPS & PUMPING EQUIPMENT'.
What is the fiscal year end for The Gorman-Rupp Company?
The fiscal year end for The Gorman-Rupp Company is December 31.
Filing Stats: 526 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-10-25 11:38:35
Filing Documents
- grc20241024_8k.htm (8-K) — 26KB
- ex_737038.htm (EX-99) — 262KB
- grnewsrelease.jpg (GRAPHIC) — 63KB
- redline.jpg (GRAPHIC) — 5KB
- 0001437749-24-032093.txt ( ) — 531KB
- grc-20241024.xsd (EX-101.SCH) — 3KB
- grc-20241024_def.xml (EX-101.DEF) — 11KB
- grc-20241024_lab.xml (EX-101.LAB) — 15KB
- grc-20241024_pre.xml (EX-101.PRE) — 11KB
- grc20241024_8k_htm.xml (XML) — 3KB
02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On October 25, 2024, The Gorman-Rupp Company (the "Company") issued a news release announcing its financial results for the third quarter ended September 30, 2024. The news release is included as Exhibit 99 and is being furnished, not filed, with this Current Report on Form 8-K. Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS On October 24, 2024, 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. In his non-executive role as Chairman of the Board, Mr. Gorman will continue to provide valuable insights and governance oversight while working closely with the Board of Directors and the Company's executive team in supporting the Company's long-term strategic objectives.
01 FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit (99) News Release dated October 25, 2024 (104) Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE GORMAN-RUPP COMPANY By: /s/ Brigette A. Burnell Brigette A. Burnell Executive Vice President, General Counsel and Corporate Secretary October 25, 2024