Form 4: Griffon Corp Director Sells 2,052 Shares of Common Stock

A director of Griffon Corp, Jerome L Coben, sold 2,052 shares of common stock at a weighted average price of $76.34 on November 14, 2024.

Summary

• Jerome L Coben, a director at Griffon Corp, sold 2,052 shares of common stock on November 14, 2024.
• The shares were sold at a weighted average price of $76.34.
• The sale was executed in multiple transactions with prices ranging from $76.00 to $76.58 per share.
• Following the transaction, Mr. Coben directly owns 16,525 shares of Griffon Corp common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is generally considered a normal part of market activity.

Key Dates

Keywords

Griffon Corp, Director Sale, Insider Trading, Form 4, Stock Transaction, Equity Securities