Form 4: AZEK Co Inc. CFO Ryan Lada Reports Acquisition of Stock and Stock Options

Ryan Lada, CFO of AZEK Co Inc., reports the acquisition of Class A Common Stock and non-qualified stock options.

Summary

• On February 7, 2025, Ryan Lada, the Chief Financial Officer of AZEK Co Inc., reported acquiring 2,147 shares of Class A Common Stock at $0 and 3,758 non-qualified stock options with an exercise price of $50.09.
• Following the transaction, Lada directly owns 21,656 shares of Class A Common Stock and 3,758 non-qualified stock options.
• The stock options vest in three equal annual installments beginning on the first anniversary of the grant date and expire on February 7, 2035.
• The restricted stock units (RSUs) will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued service through the applicable vesting date.

Sentiment

Score: 6

Explanation: Neutral sentiment. The filing is a standard disclosure of stock and option acquisitions by a company executive. While insider ownership is generally viewed positively, this specific filing doesn't provide strong positive or negative signals.

Positives

• The acquisition of stock and stock options by the CFO could be interpreted as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The vesting schedules for the RSUs and stock options suggest a continued commitment from the CFO to the company's long-term performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's confidence in the company.

Stakeholder Impact

• The increased ownership stake of the CFO could align management's interests more closely with those of shareholders.

Key Dates

Keywords

AZEK Co Inc., Ryan Lada, CFO, Class A Common Stock, Stock Options, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, SEC