Drabble Geoff 4

What Happened
Geoff Drabble, Chair of the Board for Ferguson Enterprises, was granted 742 restricted stock units (RSUs) on 2026-05-06. The reported grant price is $0.00 per unit (total reported value $0 at grant). This was an award (grant/acquisition), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-05-06 — Grant/Award of 742 RSUs (transaction code A), reported on Form 4 filed 2026-05-08.
• Price: $0.00 per RSU; reported total at grant = $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: RSUs vest at the issuer’s next annual meeting of stockholders, subject to Drabble’s continued service through that date.
  • F2: RSUs were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan.
• Filing timeliness: Form 4 was filed two days after the grant date (appears timely under the 2-business-day rule).

Context
RSUs are a form of equity compensation that convert to shares upon vesting; no cash changed hands at grant. Because vesting is conditional on continued service, these units do not represent immediate share ownership or market selling/buying activity. This filing documents a routine executive equity award rather than an open-market trade.