Kaplan Seth L. 4
Research Summary
AI-generated summary
Griffon (GFF) Sr. VP & GC Seth Kaplan Sells Shares
What Happened
- Seth L. Kaplan, Senior Vice President, General Counsel and Secretary of Griffon Corporation (GFF), sold a total of 15,000 shares in open‑market transactions on February 9, 2026. The sales were reported as four separate disposals:
- 7,086 shares at a weighted average price of $94.67 — proceeds $670,832
- 4,274 shares at a weighted average price of $95.61 — proceeds $408,637
- 3,240 shares at a weighted average price of $96.67 — proceeds $313,211
- 400 shares at $97.46 — proceeds $38,984
- Total proceeds across all sales: approximately $1,431,664
- These were sales (transaction code S), which are routine disposals and not purchases (purchases generally signal a stronger bullish insider view).
Key Details
- Transaction date: February 9, 2026 (Form 4 filed February 11, 2026) — filing appears timely (filed within the normal 2‑business‑day window).
- Reported prices are weighted averages; the filing includes ranges for the multiple trades: roughly $94.25–95.24, $95.25–96.24, and $96.26–97.16. The filer offers to provide a full per‑trade breakdown on request (per footnotes).
- Shares owned after the transaction: not disclosed in the summary provided here — check the full Form 4 for post‑transaction holdings.
- No 10b5‑1 plan, tax withholding, gift, or option exercise is indicated in the provided data.
Context
- This filing documents outright open‑market sales by an officer. Sales can be for many reasons (diversification, liquidity, tax planning) and do not by themselves indicate the insider’s view of the company’s prospects. For a fuller picture, compare this sale to prior insider activity and check the Form 4 for exact post‑transaction holdings.