Form 4: Griffon Corp Executive Gifts Shares Under 10b5-1 Plan
Insider Transaction Report
Griffon Corp's Senior VP and General Counsel, Seth L. Kaplan, reported gifting 600 shares of common stock under a Rule 10b5-1 plan.
Summary
- Seth L. Kaplan, Senior VP, General Counsel, and Secretary of Griffon Corp (GFF), reported a transaction involving company common stock.
- On December 22, 2025, Kaplan disposed of 600 shares of Griffon Corp Common Stock.
- The transaction was a gift, indicated by Transaction Code 'G', with a price of $0 per share.
- Following this transaction, Kaplan directly beneficially owns 134,747 shares of Common Stock.
- Kaplan also indirectly beneficially owns 4,786 shares through an Employee Stock Ownership Plan (ESOP).
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading schedule.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (a gift of shares) under a pre-arranged plan. This type of disclosure is generally neutral in terms of its immediate impact on the company's financial prospects or stock valuation.
Positives
- The transaction was executed under a Rule 10b5-1(c) plan, which enhances transparency and demonstrates adherence to ethical trading practices by pre-arranging stock transactions.
Negatives
- The disposition of 600 shares, even as a gift, slightly reduces the executive's direct ownership stake in the company.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Policy Adherence | The reported transaction was executed under a Rule 10b5-1(c) plan, which allows insiders to set up a pre-arranged schedule for buying or selling company stock to avoid accusations of trading on material non-public information. | 12/22/2025 | Enhances corporate governance and transparency by demonstrating a commitment to ethical trading practices and reducing the risk of insider trading allegations. |
Stakeholder Impact
- Minimal impact on shareholders, as the disposition of 600 shares represents a very small fraction of the company's outstanding stock and the executive's total holdings.
Key Dates
| Date | Description |
|---|---|
| 12/22/2025 | Date of earliest transaction (disposition of 600 shares of Common Stock). |
| 12/23/2025 | Date the Form 4 was signed and filed. |
Recommendation
holdThis Form 4 reports a routine, pre-planned gift of a small number of shares by an executive. It does not provide new information that would alter the fundamental investment thesis for Griffon Corp, thus a 'hold' recommendation remains appropriate.
Keywords
Griffon Corp, GFF, Form 4, Insider Transaction, Share Disposition, Executive Ownership, Seth L. Kaplan, Common Stock, 10b5-1 Plan
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