Schlicher Jake 4

What Happened
Jake Schlicher, Chief Strategy Officer of Ferguson Enterprises (FERG), was granted equity awards on March 12, 2026: 2,266 Restricted Stock Units (RSUs) and 4,653 stock options. Both awards were reported at $0.00 (no cash purchase); the RSUs and options are grants, not sales or exercises.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 13, 2026 (timely filing).
• Awards: 2,266 RSUs (reported as "A" — award/acquisition) and 4,653 derivative securities (stock options) reported as awarded. Price reported: $0.00; total reported value: $0.
• Vesting: Both RSUs and options vest in three equal annual installments beginning March 12, 2027, subject to continued service or eligible retirement (granted under the Ferguson 2023 Omnibus Equity Incentive Plan). (Footnotes F1 and F2)
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
These are grant awards (compensation), not open-market purchases or option exercises. Grants typically do not require an immediate cash outlay and will only convert to shares or become exercisable as they vest; they do not necessarily indicate the insider bought or sold stock. The reported options were granted (not exercised), and no immediate sale of shares was reported.