GFF GRIFFON CORP

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2026: $49M, Q3 2025: $19M, Q2 2025: $141M, Q1 2025: $81M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $49M vs trailing avg $81M (-39%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Buyback $291M / FCF $3M = 10483% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 5,608,638 shares = 11.7% of 48,122,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

12 open-market purchases by 6 insiders

• ALPERT HENRY A () bought 1,000 shares at $79.99 on 2026-03-05
• Johnson Lacy M. () bought 2,500 shares at $28.04 on 2021-12-22
• Sullivan Kevin F () bought 3,500 shares at $26.24 on 2021-12-21
• Coben Jerome L () bought 2,000 shares at $26.41 on 2021-12-21
• ALPERT HENRY A () bought 3,000 shares at $26.40 on 2021-12-21
• Grabowsky Louis J. () bought 5,900 shares at $25.63 on 2021-12-21
• BROSIG THOMAS () bought 1,922 shares at $25.96 on 2021-12-21
• ALPERT HENRY A () bought 5,000 shares at $20.02 on 2020-12-04
• Coben Jerome L () bought 1,000 shares at $19.95 on 2020-11-16
• BROSIG THOMAS () bought 4,075 shares at $12.02 on 2020-03-27

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $1M, sold $78M (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 83.0x more than bought. 4 C-suite officers among sellers

• Durborow W. Christopher (Vice President & CAO) sold 10,000 shares on 2026-02-17
• Durborow W. Christopher (Vice President & CAO) sold 5,170 shares on 2024-12-06
• Harris Brian G (EVP, Chief Financial Officer) sold 13,983 shares on 2024-12-02
• Harris Brian G (EVP, Chief Financial Officer) sold 4,557 shares on 2024-12-02
• MEHMEL ROBERT F (President and COO) sold 1,781 shares on 2024-11-13
• MEHMEL ROBERT F (President and COO) sold 1,719 shares on 2024-11-13
• MEHMEL ROBERT F (President and COO) sold 7,664 shares on 2024-11-13
• MEHMEL ROBERT F (President and COO) sold 12,653 shares on 2024-11-13
• MEHMEL ROBERT F (President and COO) sold 1,183 shares on 2024-11-13
• KRAMER RONALD J (Chairman of the Board and CEO) sold 67,164 shares on 2024-11-11