Form 4: Griffon Corp Director Henry A. Alpert Reports Share Disposal

Director Henry A. Alpert of Griffon Corp reported the disposal of 3,234 common shares on November 18, 2024.

Summary

• Henry A. Alpert, a director at Griffon Corp, has reported a transaction involving the disposal of 3,234 common shares.
• The transaction occurred on November 18, 2024.
• The shares were disposed of at a price of $0, which suggests a gift or transfer rather than a sale.
• Following this transaction, Mr. Alpert directly owns 71,161 common shares of Griffon Corp.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of an insider transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reporting of share disposals by directors is a common occurrence and is not unusual in the context of corporate governance.

Stakeholder Impact

• This transaction provides transparency to shareholders regarding the trading activity of a company director.

Key Dates

Keywords

Griffon Corp, GFF, insider trading, Form 4, share disposal, Henry A. Alpert, director