CEO Sells $9.5 Million in Company Stock Near 52-Week High
GFF sits 46% above its 52-week low of $65.01.
Summary
Griffon Corp's Chairman and CEO, Ronald J. Kramer, sold $9.49 million in company stock, a significant transaction occurring near the stock's 52-week high.
Key Events · Ownership and Investor Activity · GFF
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CEO Sells Significant Stake
Ronald J. Kramer, Chairman and CEO, disposed of 100,000 shares of common stock for a total value of $9,492,107 on June 12, 2026.
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Transaction Near 52-Week High
The sale took place when the company's stock was trading near its 52-week high, potentially indicating profit-taking by the executive.
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Follows Intent to Sell Filing
This Form 4 confirms the execution of a sale previously indicated by a Form 144 filed on June 12, 2026, for a similar amount.
Analysis · GFF · Manufacturing
Ronald J. Kramer, the Chairman and CEO, sold a substantial $9.49 million worth of company stock. This transaction, representing 0.218% of the company's market capitalization, is significant for an individual insider. The sale occurred while the stock is trading near its 52-week high, which could be interpreted as the CEO locking in gains. This Form 4 filing confirms the execution of a sale that was previously indicated by a Form 144 filed on June 12, 2026.
At the time of this filing, GFF was trading at $94.73 on NYSE in the Manufacturing sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $65.01 to $97.58. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.