Jesse G. Singh - 15 Dec 2024 Form 4 Insider Report for AZEK Co Inc. (AZEK)

Role
CEO and President, Director
Signature
/s/ Morgan Walbridge, as Attorney-in-Fact for Jesse G. Singh
Issuer symbol
AZEK
Transactions as of
15 Dec 2024
Net transactions value
-$1,066,366
Form type
4
Filing time
17 Dec 2024, 17:37:21 UTC
Previous filing
16 Dec 2024
Next filing
13 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZEK Class A Common Stock Award $0 +19,857 +2.1% $0.000000 943,765 15 Dec 2024 Direct F1
transaction AZEK Class A Common Stock Sale $723,839 -13,606 -1.4% $53.20 930,159 16 Dec 2024 Direct F2
transaction AZEK Class A Common Stock Sale $342,527 -6,394 -0.69% $53.57 923,765 16 Dec 2024 Direct F3
holding AZEK Class A Common Stock 75,000 15 Dec 2024 By Trust
holding AZEK Class A Common Stock 112,207 15 Dec 2024 By Trust
holding AZEK Class A Common Stock 9,476 15 Dec 2024 By Trust
holding AZEK Class A Common Stock 234,793 15 Dec 2024 By Trust
holding AZEK Class A Common Stock 186,705 15 Dec 2024 By Trust
holding AZEK Class A Common Stock 100,000 15 Dec 2024 By Trust

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 AZEK Non-qualified stock options (right-to-buy) Award $0 +34,879 $0.000000 34,879 15 Dec 2024 Class A Common Stock 34,879 $53.51 Direct F4
* 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 Consists of restricted stock units (RSU). RSUs will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service through the applicable vesting date
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.80 to $53.40, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.41 to $53.98, 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.
F4 Non-qualified stock options vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service through the applicable vesting date.