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), sold a total of 286 shares in open-market transactions on June 26, 2026, for an aggregate proceeds of approximately $27,359. The filing shows three dispositions: 230 shares at a reported weighted-average price of $95.52 (≈ $21,970), 52 shares at $96.14 (≈ $4,999), and 4 shares at $97.50 (≈ $390). These were sales (transaction code S), so this is a disposition of stock rather than a purchase.
Key Details
- Transaction date: 2026-06-26 (filed with the SEC on 2026-06-30). Filing appears timely (within required Form 4 window).
- Trades reported:
- 230 shares sold at a reported weighted-average price of $95.52 (proceeds ≈ $21,970). Footnote F1 says the price is a weighted average and these shares were transacted in multiple trades at prices ranging $95.14–$95.99.
- 52 shares sold at $96.14 (proceeds ≈ $4,999).
- 4 shares sold at $97.50 (proceeds ≈ $390).
- Aggregate proceeds: ≈ $27,359.
- Shares owned after the transaction: Not disclosed in the provided excerpt of the filing.
- Footnote: F1 notes the reported price is a weighted average and that the shares were transacted in multiple trades within the stated price range; the reporting person offered to provide full per-trade details upon request.
Context
- These were open-market sales (routine dispositions) and do not, by themselves, indicate the insider’s view of the company’s prospects. Purchases generally attract more attention as potential bullish signals.
- No option exercises, gifts, tax-withholding, or other derivative actions were reported in this filing excerpt.