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: 11 May 2023, 16:41.
Thomas E. Ferguson - 09 May 2023 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
- 09 May 2023
- Net transactions value
- -$112,729
- Form type
- 4
- Filing time
- 11 May 2023, 16:41:57 UTC
- Previous filing
- 08 May 2023
- Next filing
- 11 Jul 2023
- SEC
- View on sec.gov
Quoteable Key Fact
"Thomas E. Ferguson filed Form 4 for AZZ INC (AZZ) on 11 May 2023."
What Changed
- Previous filing in this sequence was filed on 08 May 2023.
- Current net transaction value: -$112,729.
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 | +7,966 | +4.1% | $0.000000 | 201,289 | 09 May 2023 | Direct | |
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +96 | +0.05% | $0.000000 | 201,385 | 09 May 2023 | Direct | F1 |
| transaction | AZZ | COMMON STOCK | Tax liability | $112,729 | -3,171 | -1.6% | $35.55 | 198,214 | 09 May 2023 | 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 | -7,966 | -33% | $0.000000 | 15,933 | 09 May 2023 | COMMON STOCK | 7,966 | 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 on restricted stock units ("RSUs") granted on 5/9/2022, which AZZ elected to pay in shares of AZZ common stock. |
| F2 | The reporting person disposed 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 granted on 5/9/2022, vest ratably over a three-year period beginning on 5/9/2023. |
| F5 | Once vested, the shares of common stock are not subject to expiration. |