Griffon CFO (NYSE: GFF) sells 11,050 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Griffon Corp EVP and Chief Financial Officer Brian G. Harris reported sales of a total of 11,050 shares of common stock on August 5, 2026, under a Rule 10b5-1 trading plan. The shares were sold in two blocks at weighted average prices of $103.08 and $104.01, based on multiple trades within ranges of $103.00–$103.28 and $104.00–$104.05. After these transactions, 4,944 shares are held indirectly through an ESOP.
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Insider Trade Summary 10b5-1
Net Seller: 11,050 shares
Net Sell
3 txns
Insider
Harris Brian G
Role
EVP, Chief Financial Officer
Sold
11,050 shs ($1.14M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 8,817 | $103.08 | $909K |
| Sale | Common Stock F2 | 2,233 | $104.01 | $232K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 133,916 shares (Direct);
Common Stock — 4,944 shares (Indirect, By ESOP)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.00 to $103.28, 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 ranges set forth in footnotes (1) and (2) to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.00 to $104.05, inclusive.
Key Figures
Common shares sold (block 1): 8,817 shares
Common shares sold (block 2): 2,233 shares
Total shares sold: 11,050 shares
+3 more
6 metrics
Common shares sold (block 1)
8,817 shares
Sale of common stock on August 5, 2026 at weighted average price $103.08
Common shares sold (block 2)
2,233 shares
Sale of common stock on August 5, 2026 at weighted average price $104.01
Total shares sold
11,050 shares
Combined net sales of Griffon common stock reported for August 5, 2026
Weighted average price block 1
$103.08 per share
Multiple trades with prices ranging from $103.00 to $103.28
Weighted average price block 2
$104.01 per share
Multiple trades with prices ranging from $104.00 to $104.05
ESOP holdings after transaction
4,944 shares
Indirect ownership through ESOP following the reported transactions
Key Terms
weighted average price, ESOP, Sale in open market or private transaction, indirect ownership
4 terms
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.
ESOP financial
"total_shares_following_transaction 4,944.0000, nature_of_ownership 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.
Sale in open market or private transaction financial
"transaction_code_description Sale in open market or private transaction"
indirect ownership financial
"ownership_type indirect, nature_of_ownership By ESOP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did Griffon Corp (GFF) CFO Brian G. Harris report?
Brian G. Harris, Griffon Corp’s EVP and Chief Financial Officer, reported selling a total of 11,050 shares of Griffon common stock on August 5, 2026, executed in two separate transactions under a Rule 10b5-1 trading plan.
Were Brian G. Harris’s Griffon (GFF) stock sales made under a Rule 10b5-1 plan?
Yes. The report indicates the transactions were made under a Rule 10b5-1 trading plan, meaning the trades were pre-arranged according to SEC rules, rather than initiated at the reporting person’s sole discretion on the transaction date.
What do the weighted average prices mean in the Griffon (GFF) insider trades?
The reported per-share prices of $103.08 and $104.01 are weighted average prices. Footnotes explain the shares were sold in multiple trades within ranges of $103.00–$103.28 and $104.00–$104.05, respectively, averaged by volume.