Russell Kurt L. 4
4 · AZZ INC · Filed May 14, 2024
Insider Transaction Report
Form 4
AZZ INCAZZ
Russell Kurt L.
Chief Strategy Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-05-13−15,000→ 0 total→ COMMON STOCK (15,000 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-13+377→ 15,404 total - Exercise/Conversion
COMMON STOCK
2024-05-13+15,000→ 29,033 total - Tax Payment
Restricted Stock Units
2024-05-13$76.55/sh−6,050$463,128→ 9,354 total
Footnotes (5)
- [F1]Represents the vesting of dividend equivalent rights that accrued on restricted stock units ("RSUs") granted on 5/13/2022, which AZZ has settled in shares of AZZ common stock.
- [F2]The reporting person disposed of shares of AZZ 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 5/13/2022, vest ratably over a two-year period beginning on 5/13/2023.
- [F5]Once vested, the shares of common stock are not subject to expiration.