Griffon Corp (GFF) President Mehmel sells 3,240 shares under 10b5-1 plan
Rhea-AI Filing Summary
Griffon Corp President and COO Robert F. Mehmel reported selling 3,240 shares of common stock on 2026-08-11 in a sale characterized as an open market or private transaction, pursuant to a Rule 10b5-1 trading plan. The weighted average sale price was $107.16 per share, with individual trades executed between $107.00 and $107.72. Following this sale, he directly holds 723,032 common shares and has an additional 4,219 shares held indirectly through an ESOP.
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Insider Trade Summary 10b5-1
Net Seller: 3,240 shares
Net Sell
2 txns
Insider
MEHMEL ROBERT F
Role
President and COO
Sold
3,240 shs ($347K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,240 | $107.16 | $347K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 723,032 shares (Direct);
Common Stock — 4,219 shares (Indirect, by ESOP)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.00 to $107.72, 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 range set forth in this footnote.
Key Figures
Shares sold: 3,240 shares
Weighted average sale price: $107.16 per share
Sale price range: $107.00–$107.72 per share
+2 more
5 metrics
Shares sold
3,240 shares
Common stock sale by Robert F. Mehmel on 2026-08-11
Weighted average sale price
$107.16 per share
Weighted average price across multiple sale transactions
Sale price range
$107.00–$107.72 per share
Range of prices for the multiple sale transactions
Direct holdings after sale
723,032 shares
Direct GRIFFON CORP common shares held by Mehmel after transaction
Indirect ESOP holdings
4,219 shares
Shares held indirectly by ESOP associated with Mehmel
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction, ESOP
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code S described as a sale in open market or private transaction."
ESOP financial
"Indirect ownership of 4,219 shares reported as held by ESOP."
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
FAQ
What insider transaction did GRIFFON CORP (GFF) report for Robert F. Mehmel?
GRIFFON CORP reported that President and COO Robert F. Mehmel sold 3,240 common shares on 2026-08-11. The transaction was reported as a sale in an open market or private transaction pursuant to a Rule 10b5-1 trading plan.
Was the August 11, 2026 GFF insider sale made under a Rule 10b5-1 plan?
Yes. The filing indicates the transaction was effected under a Rule 10b5-1 trading plan. Such plans pre-arrange trading activity, which can reduce the informational value of the transaction’s timing about the insider’s current views.
AI-generated analysis. How Rhea-AI works. Not financial advice.