Vellines Jeffrey 4
4 · AZZ INC · Filed Apr 29, 2025
Insider Transaction Report
Form 4
AZZ INCAZZ
Vellines Jeffrey
Pres & COO - Precoat Metals
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-28+17→ 1,362 total - Tax Payment
Restricted Stock Units
2025-04-28$86.86/sh−425$36,916→ 937 total - Exercise/Conversion
Restricted Stock Units
2025-04-28−936→ 936 total→ COMMON STOCK (936 underlying) - Exercise/Conversion
COMMON STOCK
2025-04-28+936→ 1,345 total
Footnotes (5)
- [F1]Represents the vesting of dividend equivalent rights that accrued on 936 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.