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    Gorman-Rupp Company filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Financial Statements and Exhibits

    10/25/24 11:38:35 AM ET
    $GRC
    Fluid Controls
    Industrials
    Get the next $GRC alert in real time by email
    grc20241024_8k.htm
    false 0000042682 0000042682 2024-10-24 2024-10-24
     


    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): October 24, 2024
     
    THE GORMAN-RUPP COMPANY
    (Exact name of registrant as specified in its charter)
             
    Ohio
     
    1-6747
     
    34-0253990
    (State or other jurisdiction
    of incorporation)
     
    (Commission File Number)
     
    (IRS Employer Identification No.)
     
         
    600 South Airport Road, Mansfield, Ohio
     
    44903
    (Address of principal executive offices)
     
    (Zip Code)
     
    Registrant’s telephone number, including area code: (419) 755-1011
     
     

    (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 Shares, without par value
    GRC
    New York Stock Exchange
     
    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 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
     
    On October 25, 2024, The Gorman-Rupp Company (the “Company”) issued a news release announcing its financial results for the third quarter ended September 30, 2024. The news release is included as Exhibit 99 and is being furnished, not filed, with this Current Report on Form 8-K.
     
    Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
     
    On October 24, 2024, Jeffrey S. Gorman notified the Board of Directors of the Company that, effective January 3, 2025, he will transition from Executive Chairman of the Board to Chairman of the Board.  In his non-executive role as Chairman of the Board, Mr. Gorman will continue to provide valuable insights and governance oversight while working closely with the Board of Directors and the Company’s executive team in supporting the Company’s long-term strategic objectives.
     
    Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
     
    (d) Exhibits
     
    Exhibit    
    (99)   News Release dated October 25, 2024
    (104)   Cover Page Interactive Data File (embedded within the Inline XBRL document)
     
     

     
     
    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.
     
    THE GORMAN-RUPP COMPANY
    By:
    /s/ Brigette A. Burnell
    Brigette A. Burnell
    Executive Vice President, General Counsel and Corporate Secretary
     
     
    October 25, 2024
     
     
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