Tara D. Mackey - 28 Apr 2024 Form 4 Insider Report for AZZ INC (AZZ)

Source evidence 5 source fields
Form type
4
Accepted by SEC
01 May 2024, 18:08:06 UTC
Previous filing
29 Apr 2024
Next filing
08 May 2024
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
Tara D Mackey

Key filing fact

Tara D. Mackey filed Form 4 for AZZ INC (AZZ) on 01 May 2024.

Key facts

  • This page summarizes Tara D. Mackey's Form 4 filing for AZZ INC (AZZ).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 May 2024, 18:08.

Change

  • Previous filing in this sequence was filed on 29 Apr 2024.
  • Current net transaction value: -$47,684.

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AZZ transaction

COMMON STOCK

Options Exercise

Transaction value
$0
Shares
+1,758
Change %
+6.2%
Price
$0.000000
Shares after
29,921
Date
28 Apr 2024
Ownership
Direct
AZZ transaction

COMMON STOCK

Options Exercise

Transaction value
$0
Shares
+17
Change %
+0.06%
Price
$0.000000
Shares after
29,938
Date
28 Apr 2024
Ownership
Direct
Footnotes
F1
AZZ transaction

COMMON STOCK

Tax liability

Transaction value
$47,684
Shares
-667
Change %
-2.2%
Price
$71.49
Shares after
29,271
Date
28 Apr 2024
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AZZ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,758
Change %
-33%
Price
$0.000000
Shares after
3,517
Date
28 Apr 2024
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
1,758
Exercise price
Footnotes
F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote F2

The reporting person disposed of common stock to satisfy tax withholding obligations.

Footnote 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.

Footnote F4

Each RSU represents a contingent right to receive one share of AZZ common stock.

Footnote F5

The RSUs granted on 4/28/2023, vest ratably over a 3-year period beginning on 4/28/2024.

Footnote F6

Once vested, the shares of common stock are not subject to expiration.

SEC remarks

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.

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