Griffon director granted 1,340 restricted shares
SIGHT JAMES W reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SIGHT JAMES W reported acquisition or exercise transactions in this Form 4 filing.
Griffon Corp director James W. Sight received a grant of 1,340 shares of common stock as a restricted stock award. The award was granted at no cash cost per share and increased his directly owned holdings to 15,212 common shares.
All 1,340 shares of restricted stock are scheduled to vest on February 18, 2027 under the company’s 2016 Equity Incentive Plan, meaning they are subject to vesting conditions until that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,340 shares
Grant/Award
1 txn
Insider
SIGHT JAMES W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,340 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 15,212 shares (Direct)
Footnotes (1)
- F1. Restricted stock grant under the Company's 2016 Equity Incentive Plan. All shares of restricted stock will vest on February 18, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GRIFFON CORP (GFF) director James W. Sight report?
Director James W. Sight reported receiving 1,340 shares of GRIFFON CORP common stock as a restricted stock grant. The award was made at no cash price per share and is classified as a grant, award, or other acquisition transaction under a company equity incentive plan.
What type of equity award did GFF grant to director James W. Sight?
GRIFFON CORP granted James W. Sight a restricted stock award of 1,340 common shares under its 2016 Equity Incentive Plan. Restricted stock typically vests over time or upon conditions, and in this case all granted shares are scheduled to vest on a specified future date.
Is James W. Sight’s ownership in GFF reported as direct or indirect?
James W. Sight’s ownership in GRIFFON CORP related to this transaction is reported as direct. The Form 4 classifies the 15,212 shares of common stock he holds after the grant as directly owned, with no separate entity or indirect ownership structure noted in the transaction details.
AI-generated analysis. How Rhea-AI works. Not financial advice.