Harris Brian G 4
Research Summary
AI-generated summary
Griffon (GFF) CFO Brian G. Harris Sells 6,183 Shares
What Happened
Brian G. Harris, Chief Financial Officer of Griffon Corporation (GFF), sold 6,183 shares in an open-market transaction on June 30, 2026. The weighted average sale price was $98.01 per share, for aggregate proceeds of approximately $605,996. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-02).
- Transaction type: Open-market sale (Code S).
- Shares sold: 6,183; weighted average price reported $98.01; total proceeds ≈ $605,996.
- Price range: $98.00 to $98.37 (per footnote — the reported price is a weighted average across multiple trades).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Form 4 was filed July 2, 2026 (appears to be within the normal two-business-day reporting window).
- Footnote: Reporting person will provide, upon request, the number of shares disposed at each price within the $98.00–$98.37 range.
Context
Insider sales are common and can reflect many non-signal factors (diversification, tax planning, scheduled trades). Sales are generally less informative than purchases for gauging insider confidence in company prospects. This filing documents the sale amount and price range but does not explain the motivation.