Graham Corporation (NYSE:GHM) Files An 8-K Other EventsItem 8.01. Other Events.
In March 2017, while it was permissible for executive officers of Graham Corporation (the “Company”) to purchase and sell securities of the Company, James R. Lines, the Company’s President and Chief Executive Officer, entered into a binding pre-arranged stock trading plan (the “10b5-1 Plan”). to the 10b5-1 Plan, up to 15,000 shares of the Company’s common stock held by Mr. Lines will be sold on a periodic basis through December 31, 2017, without further direction from him and in accordance with the terms and conditions set forth in the 10b5-1 Plan. The 10b5-1 Plan was designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and the Company’s Insider Trading Policy.
Transactions made to the 10b5-1 Plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission. Except as may be required by law, the Company does not undertake to report on any specific plans of the Company’s officers or directors designed to comply with Rule 10b5-1, nor to report modifications or terminations of the 10b5-1 Plan or any similar plan of any other individual.
About Graham Corporation (NYSE:GHM)
Graham Corporation designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. It is a nuclear code accredited fabrication and specialty machining company. It supplies components used inside reactor vessels and outside containment vessels of nuclear power facilities. Its equipment is found in applications, such as metal refining, pulp and paper processing, water heating, refrigeration, desalination, food processing, pharmaceutical, heating, ventilating and air conditioning. For the defense industry, its equipment is used in nuclear propulsion power systems for the United States Navy. The Company’s products are used in a range of industrial process applications in energy markets, including petroleum refining, defense, chemical and petrochemical processing, power generation/alternative energy and other. Graham Corporation (NYSE:GHM) Recent Trading Information
Graham Corporation (NYSE:GHM) closed its last trading session 00.00 at 23.21 with 47,458 shares trading hands.