Griffon Corporation (GFF) CFO Sold 11,050 Shares for $103.27 Each

On August 5, CFO Brian G. Harris of Griffon Corporation (NYSE:GFF) sold 11,050 shares at a weighted average price of $103.27. After this transaction, he retains approximately 139,000 shares worth around $14.28 million. Griffon has a market capitalization of $4.9 billion and reported trailing-twelve-month revenue of $2.5 billion. The stock has increased nearly 50% over the past year, reflecting a strong market performance. This sale may raise questions for investors about insider confidence and future stock trends.