Form 4: Griffon CEO Kramer's Tax-Related Stock Disposition

Griffon Corporation's Chairman and CEO, Ronald J. Kramer, reported a disposition of 74,079 shares of common stock to cover tax withholding obligations related to restricted stock vesting.

Summary

• Ronald J. Kramer, Chairman of the Board and CEO of Griffon Corporation, reported a transaction involving company common stock.
• On November 30, 2025, 74,079 shares of common stock were disposed of at a price of $75 per share.
• This disposition was due to shares being withheld by the registrant to satisfy tax withholding obligations upon the vesting of restricted stock.
• Following this transaction, Mr. Kramer directly beneficially owns 1,952,082 shares of common stock.
• Additionally, he indirectly beneficially owns 5,240 shares through an ESOP and 40,298 shares through his spouse.

Sentiment

Score: 6

Explanation: The transaction is a routine tax-related disposition upon restricted stock vesting, which is a common and expected event for executives. It is not a discretionary sale and therefore carries a neutral to slightly positive sentiment, as it indicates the vesting of compensation.

Positives

• The transaction indicates the vesting of restricted stock, which is a form of executive compensation and often a positive sign of long-term incentive plans maturing.

Negatives

• A disposition of 74,079 shares, even for tax purposes, reduces the direct beneficial ownership of the executive.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 reports a routine insider transaction related to executive compensation and tax obligations, which does not typically provide broader industry context or trends.

Related Party Transactions

• The disposition of shares by Ronald J. Kramer, Chairman of the Board and CEO, to Griffon Corporation for tax withholding purposes is a related party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a discretionary sale indicating a change in executive confidence.
• Employees: No direct impact mentioned beyond the executive's compensation structure.

Key Dates

Recommendation

This Form 4 reports a routine tax-related disposition of shares upon restricted stock vesting by a key executive. It does not indicate a discretionary sale or a change in the executive's confidence in the company, nor does it provide new information about the company's operational or financial performance. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Griffon Corporation, GFF, Ronald J Kramer, Form 4, insider transaction, stock disposition, tax withholding, restricted stock, CEO, Chairman