KRAMER RONALD J 4
Research Summary
AI-generated summary
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).