Ferguson Enterprises: chief strategy officer Jake Schlicher sold 7,513 shares

What happened

• Jake Schlicher, chief strategy officer, had multiple transactions on Oct 12, 2026: exercised or converted 1,876 derivative shares (M) acquired at $0; received 3,761 shares as an award (A) at $0; had 2,499 shares withheld to satisfy tax obligations (F) at $220.04 for $549,880; and sold 3,138 shares in an open-market sale (S) at $218.74 for $686,406. The Form 4 also reports a derivative disposition of 1,876 shares (M) at $0.

Key details

• Transaction dates and prices:
  • Oct 12, 2026: exercised/converted 1,876 shares (M) at $0.00 (acquired).
  • Oct 12, 2026: award/settlement of 3,761 shares (A) at $0.00 (acquired).
  • Oct 12, 2026: tax withholding of 2,499 shares (F) at $220.04 for $549,880 (disposed).
  • Oct 12, 2026: open-market sale of 3,138 shares (S) at $218.74 for $686,406 (disposed).
  • Oct 12, 2026: derivative disposition of 1,876 shares (M) at $0.00 (disposed).
• Shares owned after the transaction: not reported in this Form 4.
• Footnotes from the filing:
  • 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 Performance Ordinary Share Plan 2019, certified on Sep 14, 2026.
  • F3: The open-market sale was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on May 13, 2026.
• Filing date and timeliness: Form filed Oct 14, 2026, reporting transactions dated Oct 12, 2026 (no late filing indicator shown).

Why it may matter

• The filing shows an exercise/conversion of derivative shares followed by share dispositions the same day, with shares withheld to cover tax liabilities and an open-market sale executed under a Rule 10b5-1 plan.
• The filing does not show why the insider traded or why the company acted.