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. Q2 2026: $72M, Q1 2026: $49M, Q3 2025: $19M, Q2 2025: $141M

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

Latest quarter $72M vs trailing avg $70M (+4%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-23M), buybacks not supported by cash flow

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

Repurchased 2,556,169 shares = 5.4% of 47,231,000 outstanding (annualized)

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

1 open-market purchase by ALPERT HENRY A

• ALPERT HENRY A () bought 1,000 shares at $79.99 on 2026-03-05

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters but insufficient insider buying

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $13M in the last 90 days (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 205.2x more than bought. 4 C-suite officers among sellers

• MEHMEL ROBERT F (President and COO) sold 4,626 shares on 2026-06-24
• MEHMEL ROBERT F (President and COO) sold 100 shares on 2026-06-24
• MEHMEL ROBERT F (President and COO) sold 5,149 shares on 2026-06-25
• MEHMEL ROBERT F (President and COO) sold 1,534 shares on 2026-06-25
• MEHMEL ROBERT F (President and COO) sold 1,190 shares on 2026-06-25
• MEHMEL ROBERT F (President and COO) sold 2,921 shares on 2026-06-16
• MEHMEL ROBERT F (President and COO) sold 97 shares on 2026-06-16
• MEHMEL ROBERT F (President and COO) sold 547 shares on 2026-06-17
• MEHMEL ROBERT F (President and COO) sold 5,501 shares on 2026-06-12
• MEHMEL ROBERT F (President and COO) sold 3,272 shares on 2026-06-15