Form 4: Griffon Corp Director Lacy M. Johnson Reports Acquisition of 1,525 Shares of Common Stock

Director Lacy M. Johnson reported acquiring 1,525 shares of Griffon Corp common stock on March 20, 2024, as a restricted stock grant.

Summary

• On March 20, 2024, Lacy M. Johnson, a director of Griffon Corp, acquired 1,525 shares of common stock.
• The acquisition was a restricted stock grant under the company's 2016 Equity Incentive Plan.
• The price per share was $0.
• All shares of restricted stock will vest on March 20, 2025.
• Following the transaction, Johnson directly owns 23,509 shares of Griffon Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of restricted stock grant to a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

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.

Key Dates