Form 4: AZEK Co Inc. Executive Jonathan Skelly Reports Routine Stock Disposition for Tax Purposes
Insider Transaction Report
Jonathan Skelly, President of Residential & Commercial at AZEK Co Inc., reported the disposition of 106 shares of Class A Common Stock for tax withholding purposes.
Summary
- Jonathan Skelly, President of Residential & Commercial at AZEK Co Inc. (AZEK), filed a Form 4 detailing a transaction involving the company's Class A Common Stock.
- On June 23, 2025, Skelly disposed of 106 shares of Class A Common Stock.
- The shares were disposed of at a price of $51.72 per share.
- The transaction code 'F' indicates that this disposition was for the payment of tax liability by the issuer on behalf of the reporting person.
- Following this transaction, Jonathan Skelly beneficially owns 194,358 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares for tax withholding purposes, which does not indicate a significant positive or negative sentiment regarding the company's performance or outlook. It is a standard administrative event.
Positives
- The reporting person, Jonathan Skelly, continues to hold a substantial beneficial ownership of 194,358 shares of Class A Common Stock, indicating continued alignment with shareholder interests.
Negatives
- The disposition of 106 shares represents a very small fraction of the executive's total holdings and is a routine transaction, likely for tax withholding, rather than a sale driven by a change in sentiment or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The transaction is a routine disposition for tax purposes and does not suggest a change in the executive's long-term commitment or the company's fundamental prospects. It is unlikely to have a material impact on shareholder sentiment or share price.
Key Dates
| Date | Description |
|---|---|
| 06/23/2025 | Date of transaction for the disposition of Class A Common Stock. |
| 06/24/2025 | Date the Form 4 was signed and filed with the SEC. |
Recommendation
holdKeywords
AZEK Co Inc., AZEK, Jonathan Skelly, SEC Form 4, Insider Transaction, Stock Disposition, Class A Common Stock, Executive Compensation, Tax Withholding
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