Seth L. Kaplan - Nov 30, 2024 Form 4 Insider Report for GRIFFON CORP (GFF)

Role
Sr VP, Gen. Counsel and Secy
Signature
/s/ Seth L. Kaplan
Stock symbol
GFF
Transactions as of
Nov 30, 2024
Transactions value $
-$1,925,173
Form type
4
Date filed
12/3/2024, 05:01 PM
Previous filing
Nov 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GFF Common Stock Tax liability -$877K -10.4K -6.22% $84.30 157K Nov 30, 2024 Direct F1
transaction GFF Common Stock Sale -$686K -8.33K -5.31% $82.40 149K Dec 2, 2024 Direct F2
transaction GFF Common Stock Sale -$353K -4.24K -2.85% $83.35 144K Dec 2, 2024 Direct F3
transaction GFF Common Stock Sale -$8.4K -100 -0.07% $83.97 144K Dec 2, 2024 Direct
holding GFF Common Stock 4.76K Nov 30, 2024 by ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares withheld by or delivered to the registrant upon vesting of restricted stock to satisfy tax withholding obligations of the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.83 to $82.785, inclusive. The reporting person undertakes to provide Griffon Corporation, any security holder of Griffon Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each price within the ranges set forth in footnotes (2) and (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.84 to $83.73, inclusive.