TURNBULL CHERYL L 4
Research Summary
AI-generated summary
Griffon (GFF) Director Cheryl Turnbull Receives 1,340-Share Award
What Happened
- Cheryl L. Turnbull, a director of Griffon Corporation (GFF), received a grant of 1,340 restricted shares on February 18, 2026. The filing shows an acquisition price of $0.00 (aggregate $0), indicating these were awarded shares rather than a purchase.
Key Details
- Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (appears timely).
- Transaction type: Award/Grant (code A); 1,340 shares granted at $0.00.
- Vesting: All shares vest on February 18, 2027 per footnote — restricted stock grant under the 2016 Equity Incentive Plan.
- Shares owned after transaction: Not specified in the filing.
- No 10b5-1 plan, tax-withholding, or late-filing flags noted in the provided information.
Context
- Restricted stock awards are a form of compensation and typically vest over time; they are not an immediate purchase or sale and don't necessarily signal near-term trading intent. This award increases Turnbull's potential future stake once vested but should be viewed as a compensation event rather than a direct market bet.