Form 4: Griffon COO's Stock Transaction for Tax Obligations

Griffon Corp's President and COO, Robert F. Mehmel, reported a disposition of 26,928 shares of common stock at $75 per share to cover tax withholding obligations related to restricted stock vesting.

Summary

• Robert F. Mehmel, President and COO of Griffon Corp (GFF), reported a transaction involving common stock.
• On November 30, 2025, 26,928 shares of common stock were disposed of at a price of $75 per share.
• This disposition was made to satisfy tax withholding obligations upon the vesting of restricted stock.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Mr. Mehmel directly beneficially owns 815,289 shares and indirectly owns 4,219 shares through an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: A routine insider transaction for tax purposes, neither significantly positive nor negative for the company's operational or financial performance.

Positives

• The vesting of restricted stock indicates continued executive compensation and alignment of management interests with company performance.

Negatives

• The disposition of 26,928 shares, even for tax purposes, reduces the direct beneficial ownership of the President and COO.

Future Outlook

N/A

Industry Context

N/A

Related Party Transactions

• Disposition of shares to the registrant (Griffon Corp) to satisfy tax withholding obligations related to restricted stock vesting, a standard executive compensation-related transaction.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and does not indicate a discretionary sale. It reflects the functioning of the company's incentive plans.
• Employees: No direct impact on the broader employee base beyond the executive involved.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction for tax withholding purposes upon restricted stock vesting, which is a pre-scheduled event under a 10b5-1 plan. It does not reflect a discretionary sale by the executive or provide new information regarding the company's operational performance, financial health, or strategic direction. Therefore, it does not warrant a change in investment recommendation.

Keywords

Griffon Corp, GFF, Form 4, insider transaction, beneficial ownership, restricted stock, tax withholding, executive compensation, Robert F. Mehmel