Form 4: Griffon Corp Director Cheryl Turnbull Sells 3,000 Shares
SEC Form 4 Filing
Director Cheryl Turnbull sold 3,000 shares of Griffon Corp (GFF) at an average price of $80.80 on February 6, 2025.
Summary
- On February 6, 2025, Cheryl L. Turnbull, a director of Griffon Corporation, sold 3,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $80.80 per share, with individual transactions ranging from $80.63 to $80.88.
- Following the transaction, Turnbull directly owns 30,730 shares of Griffon Corporation.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission on February 7, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can provide insights into management's perspective on the company's valuation and future prospects. However, one director selling a small portion of their holdings is not necessarily indicative of a larger trend or concern.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the small size of the transaction suggests it's unlikely to have a significant effect.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of the stock sale transaction. |
| 02/07/2025 | Date of the Form 4 filing with the SEC. |
Keywords
Griffon Corp, GFF, Cheryl Turnbull, Director, Stock Sale, Form 4, SEC Filing, Insider Trading
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