Form 4: Griffon Corp Director Diao H.C. Charles Acquires Shares Through Restricted Stock Grant

Director Diao H.C. Charles acquired 1,525 shares of Griffon Corp common stock through a restricted stock grant on March 20, 2024.

Summary

• On March 20, 2024, Diao H.C. Charles, a director of Griffon Corp, acquired 1,525 shares of common stock.
• The acquisition was a result of a restricted stock grant under the company's 2016 Equity Incentive Plan.
• The shares were acquired at a price of $0.
• Following the transaction, Diao H.C. Charles beneficially owns 9,079 shares of Griffon Corp common stock.
• The restricted stock will vest on March 20, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it simply reports an insider transaction. The acquisition of shares by a director is generally viewed positively, but without additional context, the impact is limited.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Future Outlook

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.

Key Dates