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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

March 24, 2026

 

 

Graham Corporation

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   001-08462   16-1194720
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
20 Florence Avenue, Batavia, New York   14020
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code:

(585) 343-2216

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, par value $0.10 per share   GHM   NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 24, 2026, the Compensation Committee (the “Committee”) of the Board of Directors of Graham Corporation (the “Company”), approved an increase to the annual base salary for Matthew J. Malone, the Company’s President and Chief Executive Officer, and Christopher J. Thome, the Company’s Vice President – Finance, Chief Financial Officer and Chief Accounting Officer, resulting in the following annual base salaries:

 

Name

   Annual Base Salary  

Matthew J. Malone

   $ 600,000  

Christopher J. Thome

   $ 400,000  

Further, on March 24, 2026, the Committee approved an increase to the target equity long-term incentive plan (the “LTIP”) award Mr. Malone will receive, which is based on a percentage of base salary. For fiscal 2027, Mr. Malone will receive a target LTIP award equal in value to 200% of his base salary.

Finally, on March 24, 2026, the Committee approved an increase to the target Executive Cash Bonus Program (the “Cash Bonus Program”) award Mr. Thome will receive, which is based on a percentage of base salary. For fiscal 2027, Mr. Thome will receive a target Cash Bonus Program award equal in value to 70% of his base salary.


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.

 

 

    Graham Corporation
Date: March 30, 2026     By:  

/s/ Christopher J. Thome

      Christopher J. Thome
      Vice President – Finance, Chief Financial Officer and Chief Accounting Officer