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: 13 May 2024, 17:47.
Thomas E. Ferguson - 09 May 2024 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 2024
- Net transactions value
- -$251,776
- Form type
- 4
- Filing time
- 13 May 2024, 17:47:34 UTC
- Previous filing
- 08 May 2024
- Next filing
- 11 Jul 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Thomas E. Ferguson filed Form 4 for AZZ INC (AZZ) on 13 May 2024."
What Changed
- Previous filing in this sequence was filed on 08 May 2024.
- Current net transaction value: -$251,776.
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 | +3.6% | $0.000000 | 231,665 | 09 May 2024 | Direct | |
| transaction | AZZ | COMMON STOCK | Options Exercise | $0 | +232 | +0.1% | $0.000000 | 231,897 | 09 May 2024 | Direct | F1 |
| transaction | AZZ | COMMON STOCK | Tax liability | $251,776 | -3,225 | -1.4% | $78.07 | 228,672 | 09 May 2024 | 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 | -50% | $0.000000 | 7,966 | 09 May 2024 | 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 that accrued on restricted stock units ("RSUs") granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock. |
| F2 | The reporting person disposed of shares 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 over a 3-year period with one-third vesting on 5/9/2023, 5/9/2024 and 5/9/2025. |
| F5 | Once vested, the shares of common stock are not subject to expiration. |