THOMAS E. FERGUSON - 28 Apr 2025 Form 4 Insider Report for AZZ INC (AZZ)

Role
President and CEO, Director
Signature
/s/ Tara D. Mackey, attorney-in-fact for Thomas E. Ferguson
Issuer symbol
AZZ
Transactions as of
28 Apr 2025
Net transactions value
-$312,435
Form type
4
Filing time
29 Apr 2025, 18:08:00 UTC
Previous filing
29 Apr 2025
Next filing
02 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZZ COMMON STOCK Options Exercise $0 +8,977 +3.9% $0.000000 241,779 28 Apr 2025 Direct
transaction AZZ COMMON STOCK Options Exercise $0 +165 +0.07% $0.000000 241,944 28 Apr 2025 Direct F1
transaction AZZ COMMON STOCK Tax liability $312,435 -3,597 -1.5% $86.86 238,347 28 Apr 2025 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 -8,977 -50% $0.000000 8,977 28 Apr 2025 COMMON STOCK 8,977 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 8,977 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 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 were granted under the Company's 2014 Long-Term Incentive Plan and vest ratably over a 3-year period beginning on 4/28/2024.
F5 Once vested, the shares of common stock are not subject to expiration.