Form 4: Griffon Corp Director Kevin F. Sullivan Acquires Shares Through Restricted Stock Grant

Director Kevin F. Sullivan acquired 1,594 shares of Griffon Corp common stock through a restricted stock grant that will vest on March 11, 2026.

Summary

• On March 11, 2025, Kevin F. Sullivan, 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.
• All shares of restricted stock will vest on March 11, 2026.
• Following the transaction, Sullivan beneficially owns 42,762 shares of Griffon Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it simply reports an insider transaction. The grant itself could be seen as a positive sign of aligning management interests with shareholders, but the document itself is purely informational.

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 increases the director's stake in the company, aligning their interests with those of shareholders.

Key Dates