Wischmeier D Patrick sold $400K of GRC (indirect holdings)
Wischmeier D Patrick (VP, Information Technology) sold 5,153 indirectly-held shares of GORMAN RUPP CO (GRC) at $77.62 ($0.40M total) on 2026-08-26.
How this was made
The 30-second read
Why it matters
The transaction represents a modest $400K divestiture by a VP, likely having minimal price impact.
Market read
Small insider sale; unlikely to move the stock significantly.
What to watch
Potential upcoming insider purchases or broader market moves could offset the impact.
Background
SEC Form 4 filing reporting an insider's open‑market sale of 5,153 shares of Gorman Rupp Co.
Market effects
none
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Counterpoint
The sale may be routine and not indicative of future price pressure.
Key entities
- OfficerWischmeier D Patrick
Vice President of Information Technology at Gorman Rupp Co.
- IssuerGorman Rupp Co
Company whose shares were sold.