The cluster is small relative to market cap and follows a period of strong operational results and deleveraging, making it likely routine portfolio rebalancing. However, the concentration of sales by all three top executives within 48 hours of the earnings release is unusual. Monitor for any subsequent Form 4 filings or 10b5-1 plan disclosures that could clarify intent. The stock's strong recent performance (+14% on earnings day) may have triggered profit-taking.
Price Chart
Executive Summary
Griffon Corp's CEO, President/COO, and CFO collectively sold $2.87M in open-market shares within days of reporting a strong Q3 beat and closing the AMES Australasia divestiture. The sales follow a period of significant deleveraging and a stock price near highs, suggesting portfolio rebalancing rather than a bearish signal, but the cluster's size and timing warrant attention.
Key Financial Metrics
Key Facts
- CEO Ronald Kramer sold $1.76M in shares on Aug 5, 2026.
- President/COO Robert Mehmet sold ~$204K on Aug 7, 2026, plus additional sales totaling ~$3.9M in the prior week.
- CFO Brian Harris sold $909K on Aug 5, 2026.
- Total insider sales in the cluster: $2.87M, representing ~0.06% of GFF's $4.8B market cap.
- Sales occurred 1-2 days after the company reported a strong Q3 beat and closed the AMES Australasia JV, which delevered the balance sheet.
- The cluster is 100% open-market sales by the top three executives, with no buys.
Financial Impact
Insider sales of $2.87M represent ~0.06% of market cap, below the 0.1% materiality threshold.
Risk Factors
- Insider sales by all top executives could signal a peak in management's confidence, despite the positive earnings report.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GFF-1786525435868 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | Press Release | $94.09 | awaiting T+20 | — | $97.82 (+3.96%) |
Aug 14, 2026 10w ago | Insider Cluster | $102.18 $92.76 | ▼ −9.22% | ▼ −7.24% | $97.82 (−4.27%) |
Aug 13, 2026 10w ago | Insider Cluster | $104.16 $93.81 | ▼ −9.94% | ▼ −7.95% | $97.82 (−6.09%) |
Aug 11, 2026 10w ago | Institutional Cluster | $104.88 $95.30 | ▼ −9.13% | ▼ −7.24% | $97.82 (−6.73%) |
Aug 11, 2026 10w ago | Insider Cluster | $104.88 $95.30 | ▼ −9.13% | ▼ −7.24% | $97.82 (−6.73%) |
Aug 10, 2026 10w ago | 8-K | $106.75 $97.59 | ▼ −8.58% | ▼ −7.52% | $97.82 (−8.37%) |
Aug 7, 2026 11w ago | Insider Cluster | $104.80 $97.33 | ▼ −7.13% | ▼ −6.21% | $97.82 (−6.66%) |
Aug 5, 2026 11w ago | 8-K | $102.81 $95.83 | ▼ −6.79% | ▼ −6.19% | $97.82 (−4.85%) |
Aug 4, 2026 11w ago | 8-K | $93.58 $94.44 | ▲ +0.92% | ▲ +2.16% | $97.82 (+4.53%) |
Jul 2, 2026 16w ago | Insider Cluster | $92.86 $87.90 | ▼ −5.34% | ▼ −4.93% | $97.82 (+5.34%) |
US Market Status
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