Three Griffon Executives Sold Into an Earnings Pop. Here's What to Know
Harris retains 139,000 shares worth $14.28 million after the disposition, which occurred as Griffon's stock posted a 50% one-year gain.
Overview
Chief Financial Officer Brian G. Harris reported a sale of 11,050 shares of Griffon Corporation (NYSE:GFF) on August 5, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($103.27); post-transaction value based on the August 5 market close ($102.81).
Details
Griffon Corporation is a diversified global enterprise with a market capitalization of $4.9 billion. The company leverages its extensive product portfolio and international distribution network to maintain competitive positioning in the construction materials and home & building products sectors. With a one-year share price appreciation of 50%, Griffon demonstrates strong market performance driven by operational execution and favorable market conditions in its core end markets.
Source
Originally published at www.fool.com.
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