Jeffrey S. Gorman Files SC 13D on Gorman-Rupp Shares
Ticker: GRC · Form: SC 13D · Filed: Feb 14, 2024 · CIK: 42682
| Field | Detail |
|---|---|
| Company | Gorman Rupp CO (GRC) |
| Form Type | SC 13D |
| Filed Date | Feb 14, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: insider-filing, ownership-change, SC-13D
TL;DR
**Insider Jeffrey S. Gorman just disclosed a significant stake in Gorman-Rupp via a new 13D filing!**
AI Summary
Jeffrey S. Gorman filed an initial Schedule 13D on February 14, 2024, disclosing a significant ownership stake in The Gorman-Rupp Company. The filing pertains to Common Shares, without par value, of the issuer, identified by CUSIP number 383082104. This filing indicates a new or changed beneficial ownership position by Mr. Gorman, an individual likely associated with the company.
Why It Matters
An SC 13D filing signals a beneficial owner has acquired more than 5% of a company's stock, often indicating an influential stake or potential for strategic involvement. For investors, this can signal insider confidence or a potential catalyst for future corporate actions.
Risk Assessment
Risk Level: low — This is an initial SC 13D filing by an individual, likely an insider, which typically indicates a long-term investment rather than an immediate hostile action.
Key Players & Entities
- GORMAN JEFFREY S (person) — Filer of SC 13D
- THE GORMAN-RUPP COMPANY (company) — Subject Company (Issuer)
- Brigette A. Burnell (person) — Person authorized to receive notices
- 06 Technology (company) — Organization name associated with subject company data
FAQ
Who filed this Schedule 13D?
The Schedule 13D was filed by GORMAN JEFFREY S.
What is the subject company of this filing?
The subject company, or Issuer, is THE GORMAN-RUPP COMPANY.
What is the date of the event that required this filing?
The date of the event which required this filing is February 14, 2024.
What is the CUSIP number for the class of securities involved?
The CUSIP number for the Common Shares, without par value, is 383082104.
Who is the person authorized to receive notices and communications for this filing?
Brigette A. Burnell of The Gorman-Rupp Company is authorized to receive notices and communications.
Filing Stats: 1,752 words · 7 min read · ~6 pages · Grade level 12.3 · Accepted 2024-02-14 09:33:57
Filing Documents
- d784953dsc13d.htm (SC 13D) — 39KB
- 0001193125-24-035298.txt ( ) — 40KB
Signatures
Signatures After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 14, 2024 Jeffrey S. Gorman By: /s/ Brigette A. Burnell Attorney-in-Fact Signature Jeffrey S. Gorman, Executive Chairman Name/Title