Form 4: Griffon Corp Director Coben Acquires Shares Through Restricted Stock Grant

Director Jerome L. Coben acquired 1,594 shares of Griffon Corp common stock through a restricted stock grant, according to a Form 4 filing.

Summary

• Jerome L. Coben, a director of Griffon Corp, reported a transaction on March 11, 2025.
• Coben acquired 1,594 shares of common stock through a restricted stock grant at a price of $0 per share.
• Following the transaction, Coben directly owns 18,119 shares of Griffon Corp.
• The restricted stock grant is part of the Company's 2016 Equity Incentive Plan, with all shares vesting on March 11, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The acquisition of shares can be seen as a positive sign, but it's not a major event.

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

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's acquisition of shares, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates