Ferguson Enterprises: COO William Thees Jr. sold 6,304 shares

What happened William Thees Jr., chief operating officer, acquired 6,304 shares on Oct 12, 2026 (exercised or converted derivatives for 2,098 shares and received 4,206 shares under an award) and disposed of 6,304 shares the same day. The filing shows 2,794 shares were withheld to cover tax liabilities at $220.04 for $614,792 and 3,510 shares were sold in the open market at $220.00 for $772,200, for total proceeds of $1,386,992.

Key details

• Transaction dates and prices: Oct 12, 2026 — exercised/converted 2,098 shares @ $0.00 (acquired); Oct 12, 2026 — award of 4,206 shares @ $0.00 (acquired); Oct 12, 2026 — tax withholding of 2,794 shares @ $220.04 for $614,792 (disposed); Oct 12, 2026 — open-market sale of 3,510 shares @ $220.00 for $772,200 (disposed).
• Shares owned after the transaction: not reported on this Form 4.
• Footnotes: F1 — common stock received in settlement of a conditional share award that vested on Oct 12, 2026. F2 — common stock received in settlement of an Oct 12, 2023 grant under the Ferguson Enterprises Inc. Performance Ordinary Share Plan 2019, pursuant to certification of performance on Sep 14, 2026, by the compensation committee. F3 — the open-market sale was effected pursuant to a Rule 10b5-1 trading plan established May 27, 2026.
• Filing timeliness: not marked as late on the Form 4.

Why it may matter

• Options exercise: the filing shows exercised or converted derivatives for 2,098 shares and an award of 4,206 shares, with shares withheld for taxes and shares sold the same day, consistent with a cashless exercise and sale arrangement.
• Market sale: 3,510 shares were sold in the open market at $220.00 for $772,200 under a Rule 10b5-1 plan.
• A filing does not show why the insider traded or why the company acted.