MEHMEL ROBERT F 4
Research Summary
AI-generated summary
Griffon (GFF) President & COO Robert F. Mehmel Sells Shares
What Happened
Robert F. Mehmel, President and Chief Operating Officer of Griffon Corporation (GFF), reported two open‑market sales. On 2026-06-12 he sold 5,501 shares at a weighted average price of $95.18 for proceeds of $523,585, and on 2026-06-15 he sold 3,272 shares at a weighted average price of $95.40 for proceeds of $312,149. Total shares sold were 8,773 for combined proceeds of about $835,734. These transactions are sales (not purchases).
Key Details
- Transaction dates and prices:
- 2026-06-12: 5,501 shares @ $95.18 (weighted avg) — $523,585
- 2026-06-15: 3,272 shares @ $95.40 (weighted avg) — $312,149
- Total shares sold: 8,773; total reported proceeds: ~$835,734.
- Shares owned after the transactions: Not specified in the data provided.
- Footnotes: Reported prices are weighted averages reflecting multiple trades. Footnote ranges: F1 prices ranged approximately $95.01–$95.61; F2 prices ranged approximately $95.01–$95.90. The filer offers to provide a per‑trade breakdown on request.
- No 10b5‑1 plan, gift, option exercise, or tax‑withholding information was disclosed in the items provided.
Context
These were routine open‑market sales by an executive. Sales do not necessarily indicate a change in view of the company; they can reflect diversification, liquidity needs, or other personal reasons. Purchases typically carry stronger positive signal than sales; this filing documents disposition of shares only.