Form 4: Cheryl L. Turnbull Acquires 1,525 Shares of Griffon Corp (GFF) as Director

Director Cheryl L. Turnbull acquired 1,525 shares of Griffon Corp (GFF) common stock on March 20, 2024, as a restricted stock grant.

Summary

• On March 20, 2024, Cheryl L. Turnbull, a director of Griffon Corp (GFF), acquired 1,525 shares of common stock.
• The acquisition was a restricted stock grant under the company's 2016 Equity Incentive Plan.
• The shares were acquired at a price of $0.
• All shares of restricted stock will vest on March 20, 2025.
• Following the transaction, Turnbull beneficially owns 33,730 shares of Griffon Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed as a positive signal, but the document itself is simply a regulatory filing.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, buys or sells shares of the company's stock. It provides transparency to the market regarding insider transactions.

Key Dates