Kaplan Seth L.

GFF: Kaplan (Sr VP, Gen. Counsel) sells 15,000 shares in 4 transactions for $1,431,663.56; holds 119,747 shares post-transaction

Kaplan executed four separate sales totaling 15,000 shares (11.1% of pre-transaction holdings) on 2026-02-09 across a narrow price range (blended average $95.44), reducing his stake to 119,747 shares. The timing is notable: the insider sold at prices near the 52-week high of $94.84, with the current price at $93.94, suggesting he captured elevated valuation levels; however, his prior GFF trades show mixed results—three of five recent same-ticker sales preceded 90-day declines, but two preceded gains. His cross-ticker track record shows a 60% well-timed rate on sells with average 90-day returns of -5.6%, indicating modest predictive edge historically. The company's P/E of 97.85 is elevated relative to peers, and annual revenue is contracting at -4.0%, which may be relevant context for evaluating the sale's signal.

Griffon's Chief Legal Officer sold 12,666 shares ($1.0M) across 3 transactions at $82.40–$83.97 on 2024-12-02.

Seth L. Kaplan, Sr VP, General Counsel and Secretary of Griffon Corp, executed 3 separate sales totaling 12,666 shares for $1,047,862.45 at prices ranging from $82.40 to $83.97, reducing his holdings from 156.9K to 144.3K shares (-8.1%). The sale occurred in a company trading near its 52-week high of $85.16 (only -2.8% below) and follows a strong 30-day rally of +30.8%. Kaplan's prior open-market sales across all tickers show an average 30-day return of -3.3%, and his 2 prior sales at Griffon specifically (September 2024) also yielded -3.3% 30-day returns, though 90-day outcomes remain unmeasured. The fundamentals show Griffon at a modest P/E of 12.31 with recent quarterly net income of $41.1M, though annual revenue declined -2.3% year-over-year.

Sr VP and Gen. Counsel Seth L. Kaplan sold 35,274 shares at $70.00 for $2,469,180.00 in 2 transactions (Sep 18–19).

Kaplan executed 2 separate sales totaling 35,274 shares for $2,469,180.00, reducing his holdings by 17.3% from 203,415 to 168,141 shares. The sales occurred at $70.00/share on Sep 18–19, near the 52-week high of $74.71 but above the current price of $67.88. This represents a material reduction in his position size by a senior officer—the Sr VP, General Counsel and Secretary—yet the company's fundamentals remain intact: annual revenue of $647,814,000.00 with net income of $41,086,000.00 and a P/E of 17.68. The multi-transaction structure and sale volumes warrant disclosure to shareholders but do not by themselves establish clear motivation absent additional context regarding equity plans, diversification, or pre-arranged trading rules.