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: 01 May 2024, 18:07.
Quoteable Key Fact
"Thomas E. Ferguson filed Form 4 for AZZ INC (AZZ) on 01 May 2024."
Ownership activity is grounded in SEC Form 4 disclosures.
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +8,977 | +4.5% | $0.000000 | 207,812 | 28 Apr 2024 | Direct | |
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +89 | +0.04% | $0.000000 | 207,901 | 28 Apr 2024 | Direct | F1 |
| transaction | AZZ | COMMON STOCK | Tax liability | $218,259 | -3,053 | -1.5% | $71.49 | 204,848 | 28 Apr 2024 | Direct | F2, F3 |
| 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 | +8,977 | +100% | $0.000000 | 17,955 | 28 Apr 2024 | COMMON STOCK | 8,977 | Direct | F4, F5, F6 |
| Id | Content |
|---|---|
| F1 | Represents the vesting of dividend equivalent rights on restricted stock units (RSUs) granted on 4/28/2023, which AZZ has elected to pay in shares of AZZ common stock. |
| F2 | The reporting person disposed of common stock to satisfy tax withholding obligations. |
| F3 | Pursuant to Issuers 2014 Long Term Incentive Plan, as amended, if the vesting date falls on a weekend or holiday, the closing price shall be the closing price on the last trading day prior to the vesting date. |
| F4 | Each RSU represents a contingent right to receive one share of AZZ common stock. |
| F5 | The RSUs granted on 4/28/2023 vest ratably over a 3-year period beginning on 4/28/2024. |
| F6 | Once vested, the shares of AZZ common stock are not subject to expiration. |
Pursuant to New York Stock Exchange (NYSE) and SEC rules, in the event of a vesting date of equity awards falling on a weekend or holiday, the vesting shall be reportable on the next business day that the report would have been due if such vesting date would not have fallen on a weekend or holiday.