Crawford Jason 4
4 · AZZ INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
AZZ CFO Jason Crawford Receives RSU Vesting, Withholds Shares
What Happened
Jason Crawford, Chief Financial Officer of AZZ Inc. (AZZ), had restricted stock units (RSUs) vest on June 3, 2026. The filing shows conversion/settlement of derivative/RSU awards into shares (1,803 shares and a separate 22-share settlement) at $0.00 per share, and the disposition (withholding) of 717 shares to satisfy tax withholding at $136.87 per share for total proceeds of $98,136. This was a vesting and tax-withholding transaction (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-06-03. Codes: M = exercise/conversion of derivative (RSU settlement), F = tax withholding.
- Shares in the filing: 1,803 shares and 22 shares acquired via conversion/settlement; 717 shares disposed to cover taxes at $136.87 each (total $98,136).
- Footnotes: RSUs represent contingent rights to one share each; dividend equivalents on 1,803 RSUs were settled in shares; the award was a special one-time grant that vested 50% on 6/3/2025 and the remaining 50% on 6/3/2026; vested shares do not expire.
- Shares owned after the reported transactions are not specified in this filing.
- Filing timeliness: Reported and filed with a period of report of 2026-06-03 (no late filing indicated).
Context
This was a routine equity award vesting and associated tax withholding. The 717-share disposition was to satisfy withholding obligations (code F) rather than an open-market sale; such withholdings are common when RSUs vest and do not by themselves indicate management sentiment.
Insider Transaction Report
- Exercise/Conversion
COMMON STOCK
2026-06-03+1,803→ 20,520 total - Exercise/Conversion
COMMON STOCK
[F1]2026-06-03+22→ 20,542 total - Tax Payment
COMMON STOCK
[F2]2026-06-03$136.87/sh−717$98,136→ 19,825 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-06-03−1,803→ 0 total→ COMMON STOCK (1,803 underlying)
Footnotes (5)
- [F1]Represents the vesting of dividend equivalent rights that accrued on 1,803 restricted stock units (RSUs), which the Issuer 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]Mr. Crawford was granted a special one-time equity award that vested 50% on 6/3/2025 and the remaining 50% to vest on 6/3/2026.
- [F5]Once vested, the shares of common stock are not subject to expiration.