Quick Takeaways
- This page summarizes Thomas E. Ferguson's Form 4 filing for AZZ INC (AZZ).
- 4 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 24 May 2021, 17:15.
Thomas E. Ferguson - 22 May 2021 Form 4 Insider Report for AZZ INC (AZZ)
- Signature
- /s/ Tara D. Mackey, attorney-in-fact for Thomas E. Ferguson
- Issuer symbol
- AZZ
- Transactions as of
- 22 May 2021
- Net transactions value
- -$125,233
- Form type
- 4
- Filing time
- 24 May 2021, 17:15:55 UTC
- Previous filing
- 20 May 2021
- Next filing
- 01 Jul 2021
- SEC
- View on sec.gov
Quoteable Key Fact
"Thomas E. Ferguson filed Form 4 for AZZ INC (AZZ) on 24 May 2021."
What Changed
- Previous filing in this sequence was filed on 20 May 2021.
- Current net transaction value: -$125,233.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +5,743 | +4.4% | $0.000000 | 135,806 | 22 May 2021 | Direct | |
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +197 | +0.15% | $0.000000 | 136,003 | 22 May 2021 | Direct | F1 |
| transaction | AZZ | COMMON STOCK | Tax liability | $125,233 | -2,336 | -1.7% | $53.61 | 133,667 | 22 May 2021 | Direct | F2 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AZZ | Restricted Stock Units | Options Exercise | $0 | -5,743 | -50% | $0.000000 | 5,743 | 22 May 2021 | COMMON STOCK | 5,743 | Direct | F3, F4, F5 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Represents the vesting of dividend equivalent rights that accrued on 5,743 restricted stock units ("RSUs') granted on 5/22/2019, which AZZ has settled in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
| F2 | The reporting person disposed of 2,336 shares of common stock to satisfy tax withholding obligations. |
| F3 | Each RSU represents a contingent right to receive one share of AZZ common stock. |
| F4 | The RSUs are granted under AZZ's 2014 Long Term Incentive Plan and vest over a 3-year period with 1/3rd of the RSUs vesting on each of the first, second and third anniversaries of the grant date, which was 5/22/2019. |
| F5 | Once vested, the shares of AZZ common stock are not subject to expiration. |