Griffon (GFF) director receives 1,340-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coben Jerome L reported acquisition or exercise transactions in this Form 4 filing.
Griffon Corp director Jerome L. Coben received a grant of 1,340 shares of common stock as an equity award. The restricted stock was granted at no cash cost under the company’s 2016 Equity Incentive Plan and will fully vest on February 18, 2027. After this grant, Coben directly holds 19,459 shares of Griffon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coben Jerome L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,340 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,459 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Griffon Corp (GFF) report for Jerome L. Coben?
Griffon Corp reported that director Jerome L. Coben received an equity award of 1,340 shares of common stock. This was recorded as a grant or other acquisition on Form 4 and increased his directly held share balance to 19,459 shares.
Under which plan was Jerome L. Coben’s Griffon Corp (GFF) stock grant issued?
The 1,340-share restricted stock grant to Jerome L. Coben was issued under Griffon Corp’s 2016 Equity Incentive Plan. This plan provides equity-based compensation, including restricted stock awards that vest over time, to eligible directors and other participants.
Was Jerome L. Coben’s Griffon Corp (GFF) stock transaction a market purchase or a grant?
The transaction was a grant, not a market purchase. Form 4 describes it as a grant, award, or other acquisition of 1,340 restricted shares at $0.00 per share under the company’s 2016 Equity Incentive Plan, with vesting in February 2027.