Griffon (NYSE: GFF) COO Mehmel sells 4,166 shares, holds 785,900
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRIFFON CORP President and COO Robert F. Mehmel reported an open-market sale of 4,166 shares of common stock at a weighted average price of $97.76 per share. After this transaction, he directly holds 785,900 common shares and indirectly holds 4,219 shares through an ESOP.
The sale price reflects multiple trades completed on the same day, with individual prices ranging from $97.50 to $98.37 per share, according to the filing footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,166 shares ($407,268)
Net Sell
2 txns
Insider
MEHMEL ROBERT F
Role
President and COO
Sold
4,166 shs ($407K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,166 | $97.76 | $407K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 785,900 shares (Direct, null);
Common Stock — 4,219 shares (Indirect, by ESOP)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,166 shares
Weighted average sale price: $97.76 per share
Direct holdings after transaction: 785,900 shares
+2 more
5 metrics
Shares sold
4,166 shares
Open-market sale of common stock
Weighted average sale price
$97.76 per share
Common stock sale on reported date
Direct holdings after transaction
785,900 shares
Common stock directly owned post-sale
Indirect ESOP holdings
4,219 shares
Common stock held indirectly by ESOP
Sale price range
$97.50–$98.37 per share
Range of individual trades in sale
Key Terms
open-market sale, weighted average price, ESOP, non-derivative
4 terms
open-market sale financial
"reported an open-market sale of 4,166 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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
"indirectly holds 4,219 shares through an 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.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did GRIFFON CORP (GFF) report for Robert F. Mehmel?
GRIFFON CORP reported that President and COO Robert F. Mehmel executed an open-market sale of 4,166 shares of common stock. The shares were sold at a weighted average price of $97.76 per share, as disclosed in the Form 4 filing and related footnote.
At what price did Robert F. Mehmel trade GFF common stock on this Form 4?
The Form 4 shows a weighted average sale price of $97.76 per GFF share. A footnote explains the shares were sold in multiple transactions, with individual prices ranging from $97.50 to $98.37 per share during the trading day.
What is the size of Robert F. Mehmel’s GFF stock sale in this filing?
The Form 4 records the sale of 4,166 GFF common shares by Robert F. Mehmel. This was an open-market transaction, and the reported weighted average sale price was $97.76 per share across multiple trades within the stated price range.
Does the GFF Form 4 show any derivative or option exercises by Robert F. Mehmel?
No derivative or option exercises are listed in this Form 4 for Robert F. Mehmel. The filing only reports a non-derivative open-market sale of common stock and an indirect ESOP holding entry, with no derivative positions shown in the derivative summary.