Form 4: Griffon Corp Director Henry A. Alpert Reports Acquisition of Common Stock
SEC Form 4
Director Henry A. Alpert reports acquiring 1,594 shares of Griffon Corp common stock through a restricted stock grant.
Summary
- On March 11, 2025, Henry A. Alpert, 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 price per share was $0.
- These shares will vest on March 11, 2026.
- Following the transaction, Alpert directly owns 71,289 shares of Griffon Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing reporting an insider transaction. The acquisition of shares by a director is generally viewed as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company executives and directors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Acquisition of 1,594 shares of common stock. |
| 03/11/2026 | Vesting date for all restricted stock shares. |
| 03/13/2025 | Date of signature for the report. |
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