AZZ INC·4

May 13, 4:58 PM ET

FERGUSON THOMAS E 4

4 · AZZ INC · Filed May 13, 2025

Insider Transaction Report

Form 4
Period: 2025-05-09
FERGUSON THOMAS E
DirectorPresident and CEO
Transactions
  • Tax Payment

    COMMON STOCK

    2025-05-09$91.49/sh3,244$296,794197,610 total
  • Tax Payment

    COMMON STOCK

    2025-05-09$91.49/sh10,870$994,496214,366 total
  • Exercise/Conversion

    COMMON STOCK

    2025-05-09+280200,854 total
  • Exercise/Conversion

    COMMON STOCK

    2025-05-09+7,967200,574 total
  • Exercise/Conversion

    COMMON STOCK

    2025-05-09+26,687224,297 total
  • Exercise/Conversion

    COMMON STOCK

    2025-05-09+939225,236 total
  • Sale

    COMMON STOCK

    2025-05-12$93.91/sh4,973$466,995209,393 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-05-097,9670 total
    COMMON STOCK (7,967 underlying)
  • Exercise/Conversion

    Performance Share Units

    2025-05-0926,6870 total
    COMMON STOCK (26,687 underlying)
Footnotes (10)
  • [F1]Represents the vesting of dividend equivalent rights that accrued on 7,967 restricted stock units ("RSUs") granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock.
  • [F10]The PSUs granted on 5/9/2022 were granted under Issuers 2014 Long Term Incentive Plan and had a three-year performance cycle (3/1/2022- 2/28/2025).
  • [F2]The reporting person disposed of shares of common stock to satisfy tax withholding obligations.
  • [F3]Represents the vesting of dividend equivalent rights that accrued on the target performance share units ("PSUs") of 19,916 granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock.
  • [F4]The price reported in column 4 is a weighted average.
  • [F5]Each RSU represents a contingent right to receive one share of AZZ common stock.
  • [F6]The RSUs granted on 5/9/2022, vest ratably over a 3-year period beginning on 5/9/2023.
  • [F7]Once vested, the shares of common stock are not subject to expiration.
  • [F8]Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
  • [F9]Represents the number of shares acquired by the reporting person upon the vesting of PSUs granted on 5/9/2022. This number represents 19,916 target PSUs and 6,771 additional PSUs earned based upon the achievement of 134% of pre-established performance goals during the performance cycle.

Documents

1 file
  • 4
    wk-form4_1747169887.xmlPrimary

    FORM 4