Griffon Corporation CEO Ronald Kramer sold shares at a weighted average price of $102.42 amid a post-earnings stock increase.
Griffon Corporation CEO Ronald Kramer sold 100,000 shares of common stock on August 5, according to an SEC filing. The transaction, executed at a weighted average price of $102.42, ranged from $100 to $104.60 per share.
The sale followed a stock price rise, with shares closing at $102.81 on August 5. As of August 6, the stock traded at $106.30, reflecting a 3.8% increase over Kramer’s average exit price. Post-transaction, Kramer retains indirect ownership of 45,538 shares.
Griffon operates in consumer, professional, and home & building products, serving markets across North America, Europe, and Australia.