Jesse G. Singh - Jan 10, 2024 Form 4 Insider Report for AZEK Co Inc. (AZEK)

Signature
/s/ Morgan Walbridge, as Attorney-in-Fact for Jesse G. Singh
Stock symbol
AZEK
Transactions as of
Jan 10, 2024
Transactions value $
-$483,990
Form type
4
Date filed
1/10/2024, 06:24 PM
Previous filing
Dec 19, 2023
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZEK Class A Common Stock Sale -$484K -13K -1.05% $37.23 1.23M Jan 10, 2024 Direct F1, F2
holding AZEK Class A Common Stock 207K Jan 10, 2024 By Trust
holding AZEK Class A Common Stock 255K Jan 10, 2024 By Trust
holding AZEK Class A Common Stock 77.2K Jan 10, 2024 By Trust
holding AZEK Class A Common Stock 70K Jan 10, 2024 By Trust
holding AZEK Class A Common Stock 9.48K Jan 10, 2024 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of 13,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 10, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.88 to $37.46, inclusive. The reporting person undertakes to provide to AZEK, any security holder of AZEK, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.