Gorman-Rupp Files DEF 14A, Details Executive Compensation
Ticker: GRC · Form: DEF 14A · Filed: Mar 24, 2025 · CIK: 42682
| Field | Detail |
|---|---|
| Company | Gorman Rupp CO (GRC) |
| Form Type | DEF 14A |
| Filed Date | Mar 24, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, annual-meeting
Related Tickers: GRC
TL;DR
GRC proxy statement out, check exec pay & vote!
AI Summary
The Gorman-Rupp Company filed its DEF 14A on March 24, 2025, detailing executive compensation and annual meeting information. The filing covers the fiscal year ending December 31, 2024, and includes data from previous years (2020-2023) related to grants, vesting, and changes in pension values for both PEO and non-PEO members.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions at the upcoming annual meeting.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing providing information on executive compensation and annual meeting details, with no immediate market-moving events indicated.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for compensation details.)
- 20250324 — Filing Date (Date the DEF 14A was submitted to the SEC.)
- 20250424 — Report Date (Period covered by the report.)
Key Players & Entities
- GORMAN RUPP CO (company) — Filer
- 0000042682 (company) — Central Index Key
- 3561 (company) — Standard Industrial Classification (Pumps & Pumping Equipment)
- OH (company) — State of Incorporation
- 1231 (company) — Fiscal Year End
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes for matters such as the election of directors, executive compensation, and other corporate actions at the annual meeting.
What fiscal year does this filing primarily cover?
This filing primarily covers the fiscal year ending December 31, 2024.
What specific types of compensation data are detailed in the filing?
The filing details executive compensation, including information on grants, vesting, and changes in pension values for both PEO (Principal Executive Officer) and non-PEO members over several fiscal years.
When was this DEF 14A filed with the SEC?
This DEF 14A filing was made on March 24, 2025.
What industry does The Gorman-Rupp Company operate in?
The Gorman-Rupp Company operates in the Pumps & Pumping Equipment industry, as indicated by its Standard Industrial Classification code 3561.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 24, 2025 regarding GORMAN RUPP CO (GRC).