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

Director Louis J. Grabowsky acquired 1,594 shares of Griffon Corp common stock through a restricted stock grant, increasing his total holdings to 52,670 shares.

Summary

• On March 11, 2025, Louis J. Grabowsky, a director of Griffon Corp, acquired 1,594 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, Grabowsky's total beneficial ownership of Griffon Corp common stock increased to 52,670 shares.
• The restricted stock will vest on March 11, 2026.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports a transaction. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

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

Key Dates