Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-11

Gorman Rupp (GRC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,187,652
Scott King total, FY2025
1st
CEO pay percentile vs peers
34.4:1
CEO-to-median pay ratio
97.98%
Say-on-pay support, latest vote
Companies that benchmark against GRC
8 companies name GRC as a compensation peer

Each company listed discloses GRC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GRC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Scott King$717,500$608,583$750,000$0$0$98,032$13,537$2,187,652
President and Chief Executive Officer
James Kerr393,583420,024300,00000037,0241,150,631
Executive Vice President and Chief Financial Officer
Brigette Burnell360,250359,199275,00000031,8741,026,323
Executive Vice President, General Counsel and Corporate Secretary
Jeffrey Gorman50,5210000017,25167,772
Former Executive Chairman

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Scott King$2,187,652
James Kerr1,150,631
Brigette Burnell1,026,323
Jeffrey Gorman67,772

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
M. Ann HarlanDirector2026-04-24A1,344$0$0CommonForm 4 ↗
Pamela A. HemingerDirector2026-04-24A1,34400CommonForm 4 ↗
Vincent K. PetrellaDirector2026-04-24A1,34400CommonForm 4 ↗
Kenneth R. ReynoldsDirector2026-04-24A1,34400CommonForm 4 ↗
Donald H. Bullock, JrDirector2026-04-24A1,34400CommonForm 4 ↗
Sonja K. McClellandDirector2026-04-24A1,34400CommonForm 4 ↗
Christopher H. LakeDirector2026-04-24A1,00000CommonForm 4 ↗
Christopher H. LakeDirector2026-04-24A1,34400CommonForm 4 ↗
Jeffrey S. GormanDirector2026-05-07A3,36000CommonForm 4 ↗
Jeffrey S. GormanDirector2026-05-07D1,68000CommonForm 4 ↗
Jeffrey S. GormanDirector2026-05-07D1,88000CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Scott KingPSU2025-02-267,74311,61511,61517,422$750,000
James KerrPSU2025-02-262,4525,2915,2917,936300,000
Brigette BurnellPSU2025-02-262,1944,9044,9047,356275,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Scott King$0$750,000$0100.0%
James Kerr0300,0000100.0%
Brigette Burnell0275,0000100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Brigette BurnellPSU2,852$136,183
Scott KingPSU5,807277,284
Brigette BurnellRSU10,024380,611
Scott KingRSU4,589219,125
Brigette BurnellRSU87541,781
Scott KingPSU15,727750,964
Brigette BurnellPSU9,174438,059
James KerrPSU10,222488,101
Scott KingRSU7,743369,728
Scott KingPSU6,167294,474
James KerrRSU2,452117,083
Scott KingRSU2,330111,258
Brigette BurnellRSU2,194104,764
Scott KingRSU19,237730,429
James KerrRSU9,838373,549
James KerrRSU1,65278,883
James KerrRSU93244,503
Brigette BurnellRSU1,46870,097
Brigette BurnellPSU2,452117,083
James KerrPSU3,160150,890
James KerrPSU2,645126,299
05

Incentive-plan design — the Compensation Discussion & Analysis

The Committee's current objective is for the Company's Executive Officers to be compensated at a total level of compensation commensurate with the 50th percentile of compensation of comparable capital goods manufacturing companies.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantSemler Brossy Consulting Group
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-2319,955,012410,848117,24297.98%Passed
20252025-04-2419,932,898659,655117,02696.8%Passed
20242024-04-2520,901,546403,28357,69298.11%Passed
20232023-04-2717,212,6341,250,33782,73993.23%Passed
20222022-04-2817,049,211575,86772,60196.73%Passed
20212021-04-2220,971,950167,16483,26999.21%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2397.98%a
20252025-04-2496.8%b
20242024-04-2598.11%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be voted for or against such proposals, will not be counted in the number of votes cast on such proposals and thus will have no effect on such proposals.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be voted for or against such proposals, will not be counted in the number of votes cast on such proposals and thus will have no effect on such proposals.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be voted for or against such proposals, will not be counted in the number of votes cast on such proposals and thus will have no effect on such proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)34.4 : 1
CEO total compensation$2,187,652
Median employee compensation$63,570
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jeffrey S. GormanIndependent · Board Chair$245,000$0$0$0$245,000
M. Ann HarlanIndependent · Lead Independent Director · Compensation · Governance and Nominating70,00090,000000160,000
Sonja K. McClellandIndependent · Audit (Chair) · Compensation70,00090,000000160,000
Vincent K. PetrellaIndependent · Audit · Compensation (Chair)67,50090,000000157,500
Donald H. Bullock, JrIndependent · Audit · Governance and Nominating (Chair)65,00090,000000155,000
Christopher H. LakeIndependent · Compensation · Governance and Nominating55,00090,000000145,000
Kenneth R. ReynoldsIndependent · Audit · Governance and Nominating55,00090,000000145,000
Pamela A. HemingerIndependent · Compensation · Newly elected37,77590,000000127,775
Scott A. KingEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$55,000
Annual equity retainer$90,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 12,500 / 10,000
Stock ownership guideline5x annual cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$665,275
Equity awards (grant-date value)$630,000
All other compensation$0
Total cost of the board$1,295,275

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

MWA Mueller Water ProductsBMI Badger Meter, Inc.NWPX NWPX InfrastructureTHR Thermon GroupLNN Lindsay CorporationKAI Kadant Inc.NNBR NN, Inc.ALG Alamo Group Inc.TNC Tennant CompanyFSTR L.B. FosterBOOM DMC Global Inc.TWIN Twin Disc, Incorporated
10a

Peer reciprocity

Of the companies Gorman Rupp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Mueller Water Products (MWA)41 Badger Meter, Inc. (BMI)42 NWPX Infrastructure (NWPX) Thermon Group (THR)43 Lindsay Corporation (LNN)44 Kadant Inc. (KAI)45 NN, Inc. (NNBR) Alamo Group Inc. (ALG) Tennant Company (TNC)46 L.B. Foster (FSTR) DMC Global Inc. (BOOM) Twin Disc, Incorporated (TWIN)

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Gorman Rupp.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Mueller Water Products2025Marietta Edmunds Zakas$931,327$2,970,915$849,977$2,038,676$6,855,283
2Badger Meter, Inc.2025Kenneth Bockhorst880,0003,042,14405,932,862
3Kadant Inc.2025Jeffrey Powell970,9003,036,18101,491,8005,519,261
4Lindsay Corporation2025Randy Wood837,7442,375,165749,9691,117,6985,095,625
5Tennant Company2025David Huml992,3853,400,0270189,5574,672,864
6Thermon Group2025Bruce Thames715,0351,299,9630543,6202,579,122
7Gorman Rupp2025Scott King717,500750,000002,187,652
NWPX Infrastructurenot in coverage universe
NN, Inc.not in coverage universe
Alamo Group Inc.not in coverage universe
L.B. Fosternot in coverage universe
DMC Global Inc.not in coverage universe
Twin Disc, Incorporatednot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Gorman Ruppnot disclosedPSU 60 · RSU 40NoSemler Brossy Consulting Group
Alamo Group Inc.not disclosednot disclosednot disclosednot disclosed
Badger Meter, Inc.179.8%PSU 80 · RSU 20NoWillis Towers Watson PLC and Zayla
DMC Global Inc.not disclosednot disclosednot disclosednot disclosed
Kadant Inc.148%PSU 80 · RSU 20NoWillis Towers Watson
L.B. Fosternot disclosednot disclosednot disclosednot disclosed
Lindsay Corporation132%PSU 50 · RSU 25 · Options 25YesMeridian Compensation Partners, LLC
Mueller Water Products199%PSU 50 · RSU 25 · Options 25Yes — relative total shareholder return (rTSR)Farient Advisors, LLC
NN, Inc.not disclosednot disclosednot disclosednot disclosed
NWPX Infrastructurenot disclosednot disclosednot disclosednot disclosed
Tennant Company18.96%PSU 50 · RSU 50NoPearl Meyer
Thermon Group76%PSU 65 · RSU 35NoMercer, LLC
Twin Disc, Incorporatednot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Scott KingDEF 14A2026-03-230001193125-26-118757Section “Summary Compensation Table”. As printed: 2,187,652. Filing ↗machine: r4 · c31 · span 557814–557823
2Section 01, James KerrDEF 14A2026-03-230001193125-26-118757Section “Summary Compensation Table”. As printed: 1,150,631. Filing ↗machine: r9 · c31 · span 615636–615645
3Section 01, Brigette BurnellDEF 14A2026-03-230001193125-26-118757Section “Summary Compensation Table”. As printed: 1,026,323. Filing ↗machine: r14 · c31 · span 673579–673588
4Section 01, Jeffrey GormanDEF 14A2026-03-230001193125-26-118757Section “Summary Compensation Table”. As printed: 67,772. Filing ↗machine: r19 · c31 · span 731548–731554
5Section 03, Scott King PSUDEF 14A2026-03-230001193125-26-118757Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r9 · c25 · span 832559–832566
6Section 03, James Kerr PSUDEF 14A2026-03-230001193125-26-118757Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r10 · c25 · span 842960–842967
7Section 03, Brigette Burnell PSUDEF 14A2026-03-230001193125-26-118757Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r11 · c25 · span 854277–854284
8Section 07, pay ratioDEF 14A2026-03-230001193125-26-118757Section “CEO Pay Ratio”. As printed: 34.4 : 1. Filing ↗machine: span 1505009–1505018
9Section 08, Jeffrey S. GormanDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 245,000. Filing ↗machine: t24 · r4 · c4 · span 291415–291422
10Section 08, M. Ann HarlanDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 160,000. Filing ↗machine: t24 · r5 · c16 · span 302907–302914
11Section 08, Sonja K. McClellandDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 160,000. Filing ↗machine: t24 · r8 · c16 · span 324274–324281
12Section 08, Vincent K. PetrellaDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 157,500. Filing ↗machine: t24 · r9 · c16 · span 331412–331419
13Section 08, Donald H. Bullock, JrDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 155,000. Filing ↗machine: t24 · r3 · c16 · span 288688–288695
14Section 08, Christopher H. LakeDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 145,000. Filing ↗machine: t24 · r7 · c16 · span 317157–317164
15Section 08, Kenneth R. ReynoldsDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 145,000. Filing ↗machine: t24 · r10 · c16 · span 338555–338562
16Section 08, Pamela A. HemingerDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 127,775. Filing ↗machine: t24 · r6 · c16 · span 310023–310030
17Section 08, Scott A. KingDEF 14A2026-03-230001193125-26-118757Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, M. Ann Harlan 2026-04-24Form 42026-04-240001193125-26-176512Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Pamela A. Heminger 2026-04-24Form 42026-04-240001193125-26-176565Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Vincent K. Petrella 2026-04-24Form 42026-04-240001193125-26-176545Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Kenneth R. Reynolds 2026-04-24Form 42026-04-240001193125-26-176527Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Donald H. Bullock, Jr 2026-04-24Form 42026-04-240001193125-26-176578Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Sonja K. McClelland 2026-04-24Form 42026-04-240001193125-26-176553Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Christopher H. Lake 2026-04-24Form 42026-04-240001193125-26-176520Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Christopher H. Lake 2026-04-24Form 42026-04-240001193125-26-176520Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Jeffrey S. Gorman 2026-05-07Form 42026-05-110001193125-26-215845Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Jeffrey S. Gorman 2026-05-07Form 42026-05-110001193125-26-215845Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Jeffrey S. Gorman 2026-05-07Form 42026-05-110001193125-26-215845Insider equity transaction reported since the proxy statement. Filing ↗
29Section 06, 2026 voteForm 8-K2026-04-270001193125-26-181352Item 5.07 · say-on-pay result. As reported: 97.98% (votes for as printed: 19,955,012). Filing ↗
30Section 06, 2025 voteForm 8-K2025-04-250000950170-25-058418Item 5.07 · say-on-pay result. As reported: 96.8% (votes for as printed: 19,932,898). Filing ↗
31Section 06, 2024 voteForm 8-K2024-04-300001193125-24-123907Item 5.07 · say-on-pay result. As reported: 98.11% (votes for as printed: 20,901,546). Filing ↗
32Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
33Section 09b board cost (computed)ComputedcomputedCash 665,275 + equity 630,000 + all other 0 = 1,295,275, summed across the director compensation table rows.machine: formula: Σ = 1,295,275
34Mueller Water Products, Section 10b CEO totalDEF 14A2025-12-190001350593-25-000069CEO total compensation as printed in Mueller Water Products's own proxy. As printed: 6,855,283. Filing ↗machine: t85 · r2 · c8 · span 974013–974022
35Badger Meter, Inc., Section 10b CEO totalDEF 14A2026-03-130001193125-26-106185CEO total compensation as printed in Badger Meter, Inc.'s own proxy. As printed: 5,932,862. Filing ↗machine: r3 · c18 · span 521750–521759
36Kadant Inc., Section 10b CEO totalDEF 14A2026-04-010000886346-26-000027CEO total compensation as printed in Kadant Inc.'s own proxy. As printed: 5,519,261. Filing ↗machine: t17 · r2 · c18 · span 358569–358578
37Lindsay Corporation, Section 10b CEO totalDEF 14A2025-11-210001193125-25-290521CEO total compensation as printed in Lindsay Corporation's own proxy. As printed: 5,095,625. Filing ↗machine: r3 · c26 · span 632813–632822
38Tennant Company, Section 10b CEO totalDEF 14A2026-03-180001104659-26-030889CEO total compensation as printed in Tennant Company's own proxy. As printed: 4,672,864. Filing ↗machine: t36 · r1 · c53 · span 679205–679214
39Thermon Group, Section 10b CEO totalDEF 14A2025-06-180001489096-25-000097CEO total compensation as printed in Thermon Group's own proxy. As printed: 2,579,122. Filing ↗machine: span 730045–730054
40Gorman Rupp (subject), Section 10b CEO totalDEF 14A2026-03-230001193125-26-118757CEO total compensation as printed in Gorman Rupp's own proxy. As printed: 2,187,652. Filing ↗machine: r4 · c31 · span 557814–557823
41Section 10a, Mueller Water Products reciprocityDEF 14A0001350593-25-000069Mueller Water Products's most recent proxy was read; its disclosed peer group does not include Gorman Rupp. Filing ↗
42Section 10a, Badger Meter, Inc. reciprocityDEF 14A0001193125-26-106185Badger Meter, Inc. names Gorman Rupp in its own disclosed peer group (read from its most recent proxy). Filing ↗
43Section 10a, Thermon Group reciprocityDEF 14A0001489096-25-000097Thermon Group names Gorman Rupp in its own disclosed peer group (read from its most recent proxy). Filing ↗
44Section 10a, Lindsay Corporation reciprocityDEF 14A0001193125-25-290521Lindsay Corporation names Gorman Rupp in its own disclosed peer group (read from its most recent proxy). Filing ↗
45Section 10a, Kadant Inc. reciprocityDEF 14A0000886346-26-000027Kadant Inc.'s most recent proxy was read; its disclosed peer group does not include Gorman Rupp. Filing ↗
46Section 10a, Tennant Company reciprocityDEF 14A0001104659-26-030889Tennant Company names Gorman Rupp in its own disclosed peer group (read from its most recent proxy). Filing ↗