Director at Thermon (NYSE: THR) awarded 531 shares at $51.78
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GEORGE MARCUS J reported acquisition or exercise transactions in this Form 4 filing.
Thermon Group Holdings director J. Marcus George received a grant of 531 shares of common stock as part of the company’s Non-Employee Director Compensation Program. The award was valued at $51.78 per share, based on the fair market value on April 1, 2026.
Following this grant, he directly owns 52,639 shares of Thermon common stock, increasing his equity-based compensation and aligning more of his pay with the company’s share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GEORGE MARCUS J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 531 | $51.78 | $27K |
Holdings After Transaction:
Common Stock — 52,639 shares (Direct)
Footnotes (1)
- Award pursuant to Issuer's Non-Employee Director Compensation Program. The price is the fair market value on Wednesday, April 1, 2026.
Key Figures
Stock grant size: 531 shares
Grant valuation price: $51.78 per share
Post-transaction holdings: 52,639 shares
3 metrics
Stock grant size
531 shares
Common Stock award to director J. Marcus George
Grant valuation price
$51.78 per share
Fair market value on April 1, 2026
Post-transaction holdings
52,639 shares
Total direct Thermon common stock held after grant
Key Terms
Non-Employee Director Compensation Program, fair market value, grant, award, or other acquisition
3 terms
Non-Employee Director Compensation Program financial
"Award pursuant to Issuer's Non-Employee Director Compensation Program."
fair market value financial
"The price is the fair market value on Wednesday, April 1, 2026."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Thermon Group (THR) report for J. Marcus George?
Thermon Group reported that director J. Marcus George received a grant of 531 shares of common stock. The shares were awarded under the Non-Employee Director Compensation Program, adding to his existing ownership and further tying his compensation to Thermon’s stock performance over time.
Was the Thermon (THR) Form 4 transaction an open-market purchase or a grant?
The Form 4 transaction was a grant, not an open-market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, and is tied to Thermon’s Non-Employee Director Compensation Program rather than discretionary buying on the open market.