Director Henry A. Alpert granted 1,340 Griffon (GFF) restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALPERT HENRY A reported acquisition or exercise transactions in this Form 4 filing.
Griffon Corp director Henry A. Alpert received a grant of 1,340 shares of common stock as an equity award. The grant was made at no cash cost to him and was issued under the company’s 2016 Equity Incentive Plan. All of these restricted shares are scheduled to vest on February 18, 2027. Following this award, Alpert directly holds a total of 70,479 Griffon common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALPERT HENRY A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,340 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 70,479 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Griffon Corp (GFF) disclose for Henry A. Alpert?
Griffon Corp reported that director Henry A. Alpert received a grant of 1,340 shares of restricted common stock. The shares were awarded at no cash cost as part of the company’s 2016 Equity Incentive Plan, increasing his direct holdings to 70,479 shares.
Was the Griffon Corp (GFF) insider grant to Henry A. Alpert a stock purchase?
No, the transaction was not an open-market purchase. Henry A. Alpert received 1,340 restricted shares as a grant under Griffon’s 2016 Equity Incentive Plan. The award carried a price per share of zero, reflecting its nature as equity compensation, not a cash-funded buy.
What plan governed Henry A. Alpert’s restricted stock grant at Griffon Corp (GFF)?
The 1,340 restricted shares granted to Henry A. Alpert were issued under Griffon Corp’s 2016 Equity Incentive Plan. The Form 4 footnote clarifies that all of these restricted shares will vest on February 18, 2027, subject to the terms of that equity plan.