Paisley James A. 4

What Happened James A. Paisley, Chief Digital & Information Officer of Ferguson Enterprises (FERG), was granted equity on March 12, 2026: 1,780 Restricted Stock Units (RSUs) and 3,655 stock options. Both grants were reported at $0.00 per share (typical for awards) and were reported on Form 4 the next day (filed March 13, 2026). These were awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely filing).
• Grants: 1,780 RSUs (direct award) and 3,655 stock options (derivative award); reported price $0.00.
• Vesting: Both awards vest in three equal annual installments beginning March 12, 2027 (see footnotes F1 and F2); vesting is subject to continued service or eligible retirement.
• Shares owned after transaction: not disclosed in the filing.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding sale, or immediate sale reported.

Context RSUs represent a future right to receive shares if vesting conditions are met; stock options give the holder the right to buy shares at a set exercise price (exercise terms not detailed here). Because these are time‑based grants tied to continued service, they do not represent an immediate purchase or sale and do not imply an immediate cash value until vesting/exercise.