Griffon Corp (GFF) director granted 1,340 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diao H.C. Charles reported acquisition or exercise transactions in this Form 4 filing.
Griffon Corp director H.C. Charles Diao received an equity award of 1,340 shares of common stock as restricted stock under the company’s 2016 Equity Incentive Plan. The award was granted at no cash purchase price and will fully vest on February 18, 2027.
Following this grant, Diao’s directly held common stock increased to 12,013 shares, aligning his compensation more closely with shareholder interests through time-based vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Diao H.C. Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,340 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,013 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Griffon Corp (GFF) report for H.C. Charles Diao?
Griffon Corp reported that director H.C. Charles Diao received a grant of 1,340 shares of restricted common stock. The award came under the company’s 2016 Equity Incentive Plan and increased his directly held stake to 12,013 common shares after the transaction.
Was the Griffon Corp (GFF) insider transaction a purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. H.C. Charles Diao received 1,340 shares of restricted common stock as an equity award under Griffon Corp’s 2016 Equity Incentive Plan at no stated cash purchase price.
Under which plan was the Griffon Corp (GFF) restricted stock granted to H.C. Charles Diao?
The 1,340-share restricted stock award to H.C. Charles Diao was granted under Griffon Corp’s 2016 Equity Incentive Plan. This plan is used by the company to deliver equity-based compensation that ties director and executive rewards to long-term shareholder value.