4//SEC Filing
FERGUSON THOMAS E 4
Accession 0000008947-25-000096
CIK 0000008947other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 4:58 PM ET
Size
18.8 KB
Accession
0000008947-25-000096
Insider Transaction Report
Form 4
AZZ INCAZZ
FERGUSON THOMAS E
DirectorPresident and CEO
Transactions
- Tax Payment
COMMON STOCK
2025-05-09$91.49/sh−3,244$296,794→ 197,610 total - Tax Payment
COMMON STOCK
2025-05-09$91.49/sh−10,870$994,496→ 214,366 total - Exercise/Conversion
COMMON STOCK
2025-05-09+280→ 200,854 total - Exercise/Conversion
COMMON STOCK
2025-05-09+7,967→ 200,574 total - Exercise/Conversion
COMMON STOCK
2025-05-09+26,687→ 224,297 total - Exercise/Conversion
COMMON STOCK
2025-05-09+939→ 225,236 total - Sale
COMMON STOCK
2025-05-12$93.91/sh−4,973$466,995→ 209,393 total - Exercise/Conversion
Restricted Stock Units
2025-05-09−7,967→ 0 total→ COMMON STOCK (7,967 underlying) - Exercise/Conversion
Performance Share Units
2025-05-09−26,687→ 0 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
Issuer
AZZ INC
CIK 0000008947
Entity typeother
Related Parties
1- filerCIK 0001208749
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 4:58 PM ET
- Size
- 18.8 KB