Welcome to our dedicated page for Graham SEC filings (Ticker: GHM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Graham Corporation's SEC filings document material events, operating results, governance actions, and capital-structure matters for an NYSE-listed industrial technology manufacturer. Its Form 8-K reports include quarterly results of operations and financial condition, supplemental data on historical sales, orders, and backlog, and Regulation FD disclosures related to company presentations and operating metrics.
The filings also record material agreements such as amendments to credit arrangements, acquisitions of technology assets and businesses, executive compensation actions, management transitions, board appointments, committee assignments, shareholder voting matters, and registered common stock information. These disclosures connect Graham's public-company reporting to its mission-critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for defense, energy and process, and space markets.
Graham Corporation used its Investor Day to outline a detailed growth plan and new financial targets across its defense, space, energy & process, and materials processing businesses. The company reported fiscal 2026 revenue of $245.3 million, up from $122.8 million in fiscal 2022, with Adjusted EBITDA rising from a loss to $26.0 million and margins improving to the low double digits.
Record backlog of $450.1 million and a five-year book-to-bill ratio of about 1.3x support visibility. For fiscal 2027, Graham targets net sales of $285–$295 million and Adjusted EBITDA of $35–$40 million, implying further margin expansion. Management’s three-year plan (FY2027–FY2029) aims for 8–10% organic revenue growth, 14–16% Adjusted EBITDA margins, and ROIC above 20%, supported by continued capital investment, operational initiatives, and selective M&A.
Graham Corporation announced that Daniel J. Thoren retired from his roles as Executive Chairman and director effective June 15, 2026, and will serve as a Strategic Advisor through June 15, 2027. The company stated his decision was not due to any disagreement over operations, policies, or practices.
Under a Transition and Retirement Agreement, Thoren’s prior employment agreement was terminated and he will receive a $150,000 annual base salary during the transition period, with continued eligibility for standard employee benefits but no participation in short- or long-term incentive plans. His outstanding PSUs and RSUs will continue to vest under existing terms.
Graham also entered into a similar Transition and Retirement Agreement with Alan E. Smith, former Vice President and General Manager of Graham Manufacturing, who moves into a Strategic Advisor role on an at-will basis with a $150,000 annual base salary and continued vesting of outstanding PSUs and RSUs. The Board reappointed Jonathan W. Painter as Chairman, providing governance continuity as the CEO succession plan progresses.
Graham Corp Executive Chairman Daniel J. Thoren reported equity compensation activity tied to performance-based awards. He was awarded 22,101 shares of common stock upon the vesting of performance-based restricted stock units granted under the 2020 Graham Corporation Equity Incentive Plan, based on company performance over the three-year period that ended on 3/31/2026.
To cover tax withholding obligations on this vesting, 8,095 shares of common stock were disposed of at $95.34 per share through a tax-withholding transaction. After these transactions, Thoren directly holds 383,040 shares of common stock. He also continues to hold restricted stock units that convert into common stock on a one-for-one basis, including awards linked to 629, 1,059 and 5,543 underlying shares with scheduled vesting dates in 2027, 2028 and 2029.
Graham Corp VP-Finance and CFO Christopher J. Thome reported equity compensation activity and related tax withholding. He received 8,619 shares of common stock upon vesting of performance-based restricted stock units granted under the 2020 Equity Incentive Plan, following a three-year performance period ending on 3/31/2026.
To cover tax withholding obligations on the PSU vesting, 3,193 shares of common stock were withheld at $95.34 per share. After these transactions, he directly holds 39,181 shares of common stock. He also continues to hold several tranches of restricted stock units that convert into common stock on a one-for-one basis, with vesting scheduled between 2027 and 2029.
Graham Corp President and CEO Matthew Malone reported routine equity compensation activity involving common stock and restricted stock units. On June 8, 2026, he received 8,619 shares of common stock upon the vesting of performance-based restricted stock units granted under the 2020 Graham Corporation Equity Incentive Plan.
Footnotes state these shares vested after three years based on the company’s achievement of pre-determined performance measures over the period that ended on March 31, 2026. In connection with the vesting, 2,477 shares of common stock were withheld to cover tax withholding obligations, a non-market disposition.
After these transactions, Malone directly held 66,106 shares of common stock. He also held restricted stock units that convert into common stock on a one-for-one basis, covering 6,036 shares, 5,082 shares, and 1,291 shares, which vest in scheduled installments between 2026 and 2029.
Graham Corp Executive Chairman Daniel J. Thoren reported routine equity compensation activity. He exercised restricted stock units to acquire 5,543 shares of common stock, then had 1,593 shares withheld to cover tax obligations at $107.96 per share. After these transactions, he directly holds 360,939 common shares.
The RSUs convert into common stock on a one-for-one basis. Footnotes show additional RSU awards tied to future vesting dates in 2027, 2028 and 2029, indicating ongoing equity-based compensation rather than open-market trading.
GRAHAM CORP VP-Finance and CFO Christopher J. Thome reported routine equity compensation activity involving restricted stock units (RSUs) and common stock. He exercised derivative securities covering 1,643 RSUs that convert into common stock on a one-for-one basis and received an equivalent number of common shares.
To satisfy tax withholding obligations upon RSU vesting, 608 common shares were withheld at a price of $107.96 per share. After these transactions, he directly held 31,170 shares of common stock. He also retained RSU awards that are scheduled to vest over future dates, including tranches tied to 2027, 2028, and 2029.
Graham Corp President and CEO Matthew Malone reported routine equity compensation activity. On June 4, 2026, he exercised 1,291 Restricted Stock Units (RSUs), which convert into common stock on a one-for-one basis. In connection with this vesting, 371 shares of common stock were withheld to cover tax withholding obligations.
Following these transactions, Malone directly holds 57,487 shares of Graham common stock. He also continues to hold RSU awards that are scheduled to vest over future dates, representing 6,036 and 5,082 underlying shares of common stock, subject to their stated vesting schedules.
Graham Corporation is an engineering-focused manufacturer of mission critical fluid, power, heat transfer, vacuum and advanced mixing technologies serving Defense, Energy & Process, and Space markets. The company has shifted toward higher-compliance, defense-oriented work, with Defense accounting for about 60% of fiscal 2026 sales and domestic sales about 85%.
Backlog was $532,637 (thousands) at March 31, 2026, up from $412,335 (thousands) a year earlier, reflecting strong multi‑year Defense orders. Graham expanded its portfolio with the acquisitions of Xdot Bearing Technologies and FlackTek, whose MEGA™ mixing platform targets high-throughput, high-homogeneity material processing.
Graham emphasizes proprietary technologies such as NextGen™ steam ejector nozzles and P3’s MCD and SCAMP technologies, and spent $6,354 (thousands) on R&D in fiscal 2026. Key risks include customer concentration in U.S. Navy programs, exposure to fixed-price, long-duration Defense contracts, cyclical Energy & Process demand, international operations, trade and sanctions regimes, and cybersecurity and compliance obligations under U.S. government contracting rules.
Graham Corporation reported strong growth for Q4 and fiscal 2026, highlighted by record revenue, orders, and backlog. Net sales rose 13% in the fourth quarter to $67.1 million, while full-year sales increased 17% to $245.3 million, driven mainly by Defense programs, Energy & Process strength, and contributions from the FlackTek acquisition.
Full-year net income was $12.5 million with adjusted EBITDA of $26.0 million, up 16%. Orders reached a record $359.4 million, producing a 1.5x book‑to‑bill ratio, and year‑end backlog grew 29% to $532.6 million. For fiscal 2027, Graham guides revenue to $285–$295 million and adjusted EBITDA to $35–$40 million, implying continued double‑digit growth and modest margin expansion.