Key facts
- This page summarizes Thomas E. Ferguson's Form 4 filing for AZZ INC (AZZ).
- 8 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 08 May 2024, 16:46.
Thomas E. Ferguson - 04 May 2024 Form 4 Insider Report for AZZ INC (AZZ)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- AZZ
- Reported as of
- 04 May 2024
- Net transaction value
- -$876,684
- SEC form
- 4
- Accepted by SEC
- 08 May 2024, 16:46:02 UTC
- Prior SEC filing
- 01 May 2024
- Next SEC filing
- 13 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tara D. Mackey, attorney-in-fact for Thomas E. Ferguson
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Thomas E. Ferguson filed Form 4 for AZZ INC (AZZ) on 08 May 2024.
Change
- Previous filing in this sequence was filed on 01 May 2024.
- Current net transaction value: -$876,684.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- +5,834
- Change %
- +2.8%
- Price
- $0.000000
- Shares after
- 210,682
- Date
- 04 May 2024
- Ownership
- Direct
AZZ
transaction
COMMON STOCK
Options Exercise
- Transaction value
- $0
- Shares
- +249
- Change %
- +0.12%
- Price
- $0.000000
- Shares after
- 210,931
- Date
- 04 May 2024
- Ownership
- Direct
- Footnotes
- F1
AZZ
transaction
COMMON STOCK
Tax liability
- Transaction value
- $154,841
- Shares
- -2,064
- Change %
- -0.98%
- Price
- $75.02
- Shares after
- 208,867
- Date
- 04 May 2024
- Ownership
- Direct
- Footnotes
- F2, F3
AZZ
transaction
COMMON STOCK
Options Exercise
- Transaction value
- $0
- Shares
- +23,450
- Change %
- +11%
- Price
- $0.000000
- Shares after
- 232,317
- Date
- 04 May 2024
- Ownership
- Direct
AZZ
transaction
COMMON STOCK
Options Exercise
- Transaction value
- $0
- Shares
- +1,004
- Change %
- +0.43%
- Price
- $0.000000
- Shares after
- 233,321
- Date
- 04 May 2024
- Ownership
- Direct
- Footnotes
- F4
AZZ
transaction
COMMON STOCK
Tax liability
- Transaction value
- $721,842
- Shares
- -9,622
- Change %
- -4.1%
- Price
- $75.02
- Shares after
- 223,699
- Date
- 04 May 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
- -5,834
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 04 May 2024
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 5,834
- Exercise price
- Footnotes
- F5, F6, F7
AZZ
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -23,450
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 04 May 2024
- Ownership
- Direct
- Underlying class
- COMMON STOCK
- Underlying amount
- 23,450
- Exercise price
- Footnotes
- F7, F8, F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
Represents the vesting of dividend equivalent rights that accrued on 5,834 restricted stock units ("RSUs") granted on 5/4/2021, which AZZ has settled in shares of AZZ common stock.
Footnote F2
The reporting person disposed of shares of common stock to satisfy tax withholding obligations.
Footnote F3
Pursuant to Issuers 2014 Long Term Incentive Plan, as amended, should the vesting date fall on a weekend, the closing price shall be the last trading day prior to the vesting date.
Footnote F4
Represents the vesting of dividend equivalent rights that accrued on the target performance share units ("PSUs") of 17,500 granted on 5/4/2021, which AZZ has settled in shares of AZZ common stock.
Footnote F5
Each RSU represents a contingent right to receive one share of AZZ common stock.
Footnote F6
The RSUs granted on 5/4/2021, vest ratably over a 3-year period beginning on 5/4/2022.
Footnote F7
Once vested, the shares of common stock are not subject to expiration.
Footnote F8
Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
Footnote F9
Represents the number of shares acquired by the reporting person upon the vesting of PSUs granted on 5/4/2021. This number represents 17,500 target PSUs and 5,950 additional PSUs earned based upon the achievement of 134% of pre-established performance goals during the performance cycle.
Footnote F10
The PSUs were granted under Issuers 2014 Long Term Incentive Plan and had a three-year performance cycle (3/1/2021- 2/29/2024).
SEC remarks
Pursuant to New York Stock Exchange (NYSE) rules, in the event a vesting date of RSUs falls on a weekend or holiday, the affected RSUs will vest on the next following NYSE business day.