Hegedus Samanta 4
Research Summary
AI-generated summary
Griffon (GFF) Director Samanta Hegedus Receives Restricted Stock Award
What Happened
Samanta Hegedus, a director of Griffon Corp (GFF), was granted 1,340 shares of restricted stock on February 18, 2026. The Form 4 reports an acquisition price of $0.00 (reported value $0) because this was a compensatory restricted stock award rather than a market purchase or sale. According to the filing, all shares will vest on February 18, 2027.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-20.
- Transaction type: A = Award/Grant (restricted stock).
- Shares granted: 1,340; acquisition price reported: $0.00; total reported value: $0.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Grant made under the Company’s 2016 Equity Incentive Plan; all shares vest on 2027-02-18.
- Timeliness: Filing posted two days after the transaction and is not marked as late.
Context
Restricted stock awards are a form of compensation and carry vesting conditions (here, one-year vest). They differ from open-market purchases—awards do not necessarily indicate the insider bought shares on the market. The Form 4 reports the compensatory grant (price $0) but the economic value to the insider depends on Griffon’s stock price at vesting.