Form 4: AZEK Co Inc. Executive Jonathan Skelly Reports Stock Transactions

Jonathan Skelly, Pres. Res. & Comm. at AZEK Co Inc., reports the vesting of restricted stock units, subsequent sale of shares, and tax withholding transactions.

Summary

• On June 14, 2024, Jonathan Skelly vested 32,609 restricted stock units (RSUs) which converted into Class A common stock.
• Also on June 14, 2024, 11,259 shares were withheld for taxes at a price of $47.06.
• On June 18, 2024, Skelly sold 12,000 shares of Class A common stock at a weighted average price of $46.72.
• Following these transactions, Skelly directly owns 190,134 shares of AZEK Co Inc. Class A common stock.

Sentiment

Score: 5

Explanation: This is a neutral reporting of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates