SIGHT JAMES W 4
Research Summary
AI-generated summary
Griffon (GFF) Director James W. Sight Receives Restricted Stock Award
What Happened
James W. Sight, a director of Griffon Corp (GFF), was granted 1,340 restricted shares on February 18, 2026. The grant is reported as an acquisition/award (code A) at a reported price of $0.00 (typical for restricted stock grants); no cash changed hands at grant.
Key Details
- Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20). Filing appears timely.
- Shares granted: 1,340 restricted shares; reported price: $0.00 (award).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: Grant made under the Company’s 2016 Equity Incentive Plan; all shares vest on 2027-02-18.
- Transaction code: A = award/grant of restricted stock.
Context
Restricted stock grants to directors are a common form of compensation and typically vest over time; these awards are not an immediate open-market purchase and do not alone signal buying or selling intent. The shares will generally be subject to forfeiture or transfer restrictions until the stated vesting date (2027-02-18).