KRAMER RONALD J 4
4 · GRIFFON CORP · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Griffon (GFF) CEO Ronald J. Kramer Sells 100,000 Shares
What Happened
Ronald J. Kramer, Chairman of the Board and CEO of Griffon Corporation, disposed of a total of 100,000 shares in two reported sales on June 12, 2026. The filing shows: 51,029 shares at a weighted-average price of $95.21 for proceeds of $4,858,471, and 48,971 shares at a weighted-average price of $94.62 for proceeds of $4,633,636 — roughly $9.49 million combined. The sales are reported as “S” (open market or private sale) on the Form 4.
Key Details
- Transaction date: June 12, 2026 (reported on Form 4 filed June 15, 2026).
- Reported weighted-average prices: $95.21 (51,029 shares) and $94.62 (48,971 shares).
- Reported gross proceeds: $4,858,471 and $4,633,636 (total ≈ $9,492,107).
- Price ranges per footnotes: first block sold across $95.00–$95.92; second block across $94.10–$94.995. The weighted averages reflect multiple trades within those ranges; the filer offers to provide per-price breakdown on request.
- Shares owned after the transaction: not specified in the information provided in your summary.
- No 10b5-1 plan, tax-withholding, gift, or option-exercise notation was indicated in the provided details.
Context
These were outright share sales by the CEO. Sales by insiders are common and can reflect many reasons (diversification, tax/liquidity needs, planned selling programs, etc.); they are not by themselves definitive signals about company prospects. This Form 4 appears to have been filed promptly (the trade date was June 12 and the filing date was June 15).
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-12$95.21/sh−51,029$4,858,471→ 1,833,268 total - Sale
Common Stock
[F2]2026-06-12$94.62/sh−48,971$4,633,636→ 1,784,297 total
- 5,240(indirect: By ESOP)
Common Stock
- 40,298(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.92, inclusive. The reporting person undertakes to provide Griffon Corporation, any security holder of Griffon Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares disposed of at each price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.10 to $94.995, inclusive.