Quick Takeaways
- This page summarizes Thomas E. Ferguson's Form 4 filing for AZZ INC (AZZ).
- 8 reported transactions and 2 derivative rows are listed below.
- Filing timestamp: 06 May 2022, 16:42.
Thomas E. Ferguson - 04 May 2022 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
- 04 May 2022
- Net transactions value
- -$235,013
- Form type
- 4
- Filing time
- 06 May 2022, 16:42:12 UTC
- Previous filing
- 01 Jul 2021
- Next filing
- 24 May 2022
- SEC
- View on sec.gov
Quoteable Key Fact
"Thomas E. Ferguson filed Form 4 for AZZ INC (AZZ) on 06 May 2022."
What Changed
- Previous filing in this sequence was filed on 01 Jul 2021.
- Current net transaction value: -$235,013.
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 | +9,061 | +6.8% | $0.000000 | 143,254 | 04 May 2022 | Direct | |
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +291 | +0.2% | $0.000000 | 143,545 | 04 May 2022 | Direct | F1 |
| transaction | AZZ | COMMON STOCK | Tax liability | $144,202 | -3,025 | -2.1% | $47.67 | 140,520 | 04 May 2022 | Direct | F2 |
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +5,833 | +4.2% | $0.000000 | 146,353 | 04 May 2022 | Direct | |
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +57 | +0.04% | $0.000000 | 146,410 | 04 May 2022 | Direct | F3 |
| transaction | AZZ | COMMON STOCK | Tax liability | $90,811 | -1,905 | -1.3% | $47.67 | 144,505 | 04 May 2022 | 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 | -9,061 | -50% | $0.000000 | 9,061 | 04 May 2022 | COMMON STOCK | 9,061 | Direct | F4, F5, F6 | |
| transaction | AZZ | Restricted Stock Units | Options Exercise | $0 | -5,833 | -33% | $0.000000 | 11,667 | 04 May 2022 | COMMON STOCK | 5,833 | Direct | F4, F6, F7 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | This represents the vesting of dividend equivalent rights accrued on 9,061 restricted stock units ("RSUs") granted on 5/4/2021, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
| F2 | The reporting person disposed of shares of AZZ common stock to satisfy tax withholding obligations. |
| F3 | This represents the vesting of dividend equivalent rights accrued on 5,833 RSUs granted on 5/4/2021, which AZZ has elected to pay in shares of AZZ common stock. These dividend equivalent rights vest when, and if, the underlying RSUs vest. |
| F4 | Each RSU represents a contingent right to receive one share of AZZ common stock. |
| F5 | The RSUs are granted under AZZ's 2014 Long Term Incentive Plan and vest over a three-year period with 1/3rd of the RSUs vesting on each of the first, second and third anniversaries of the grant date beginning on 5/4/2021. |
| F6 | Once vested, the shares of common stock are not subject to expiration. |
| F7 | The RSUs are granted under AZZ's 2014 Long Term Incentive Plan and vest over a three-year period with 1/3rd of the RSUs vesting on each of the first, second and third anniversaries of the grant date beginning on 5/4/2022. |