The sale, executed at prices between $103.00 and $104.05, reduces the CFO’s direct holdings by 8% but leaves $14.28 million in equity.
Griffon Corporation (NYSE:GFF) Chief Financial Officer Brian G. Harris sold 11,050 shares on August 5 at a weighted-average price of $103.27. The transaction, disclosed in an SEC filing, followed a nearly 50% stock appreciation over the past 12 months, with shares closing at $106.30 on August 6.
The sale represents 8% of Harris’s direct holdings, though he retains approximately 139,000 shares, valued at $14.28 million. Griffon, with a $4.9 billion market capitalization, reported $2.5 billion in trailing-twelve-month revenue. The stock traded between $103.00 and $104.05 during the sale, per the filing.
No immediate market reaction was detailed in the disclosure. The company operates in consumer, professional, and home & building product markets globally.