Johnson Lacy M. 4

What Happened
Lacy M. Johnson, a director of Griffon Corporation (GFF), was granted 1,340 shares of restricted stock on February 18, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 (no cash paid). The filing lists the grant under the company's 2016 Equity Incentive Plan.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (timely filing).
• Transaction type: Award/Grant (code A); 1,340 restricted shares acquired at $0.00.
• Vesting/footnote: F1 — shares are restricted and will vest on February 18, 2027.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Plan: Grant made under the Company’s 2016 Equity Incentive Plan.
• No indication of immediate sale or tax-withholding reported in the excerpt.

Context
Restricted stock grants are a form of compensation tied to continued service and vesting conditions; they are not the same as open-market purchases and do not necessarily signal an insider’s short-term view of the stock. For investors, outright purchases are often more informative about insider sentiment than routine awards to directors.