Director Louis Grabowsky granted 1,340 Griffon (GFF) restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grabowsky Louis J. reported acquisition or exercise transactions in this Form 4 filing.
Griffon Corp director Louis J. Grabowsky received a grant of 1,340 shares of common stock as restricted stock under the company’s 2016 Equity Incentive Plan. All of these restricted shares are scheduled to vest on February 18, 2027. Following this award, Grabowsky directly owns 43,010 shares of Griffon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grabowsky Louis J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,340 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,010 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Griffon Corp (GFF) report for Louis J. Grabowsky?
Griffon Corp reported that director Louis J. Grabowsky received a grant of 1,340 shares of common stock as restricted stock. The award was made under the company’s 2016 Equity Incentive Plan and represents a non-cash equity compensation transaction.
Was Louis J. Grabowsky’s Griffon (GFF) Form 4 transaction a purchase or a grant?
The Form 4 reports a grant or award acquisition, not an open-market purchase. The 1,340 shares of Griffon common stock were issued as restricted stock at a reported price of $0.00 per share under the company’s 2016 Equity Incentive Plan.
What equity plan governed Louis J. Grabowsky’s Griffon (GFF) restricted stock grant?
The restricted stock grant to Louis J. Grabowsky was issued under Griffon Corp’s 2016 Equity Incentive Plan. This plan governs the terms of equity awards, including vesting schedules, restrictions, and potential forfeiture conditions for shares granted to directors and other participants.