Form 4: AZEK Co Inc. CFO and COO Peter Clifford Sells Shares in Two Transactions

AZEK Co Inc.'s CFO and COO, Peter Clifford, sold a total of 3,770 shares of Class A Common Stock in two separate transactions on December 12th and 13th, 2024.

Summary

• Peter Clifford, the CFO and COO of AZEK Co Inc., has reported the sale of company stock.
• On December 12, 2024, he sold 2,415 shares of Class A Common Stock at a price of $53.96 per share.
• On December 13, 2024, he sold an additional 1,355 shares of Class A Common Stock at a price of $53.15 per share.
• Following these transactions, Mr. Clifford directly owns 59,517 shares of AZEK Co Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock sales by an executive, which is neither positive nor negative in itself. It's a neutral event.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and this transaction is not unusual.
• Similar filings are regularly made by executives at companies like Trex Company and Westlake Corporation, which are also in the building materials sector.
• The volume of shares sold is not significant enough to suggest any major concerns, and the prices are within the normal trading range for AZEK stock.

Stakeholder Impact

• The stock sales by the CFO and COO may have a minor impact on investor sentiment, but it is unlikely to cause significant market movement.
• The transactions do not directly impact employees, customers, or suppliers.

Key Dates

Keywords

AZEK Co Inc., Peter Clifford, stock sale, insider trading, Class A Common Stock, CFO, COO