Form 4: AZZ Inc. CEO Thomas Ferguson Reports Stock Transactions
SEC Form 4 Filing
CEO Thomas Ferguson reports the vesting of restricted stock units and associated tax withholding transactions.
Summary
- On April 25, 2025, Thomas E. Ferguson, the President and CEO of AZZ Inc., reported transactions involving the company's common stock.
- These transactions included the vesting of 5,749 restricted stock units (RSUs) and the vesting of 34 shares representing dividend equivalent rights.
- Ferguson also disposed of 2,275 shares to satisfy tax withholding obligations at a price of $85.21 per share.
- Following these transactions, Ferguson directly owns 232,802 shares of AZZ common stock and 11,499 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of grant of 5,749 restricted stock units (RSUs). |
| 04/25/2025 | Date of stock transactions including vesting of RSUs and tax withholding. |
| 05/24/2025 | Beginning date of ratable vesting over a 3-year period for the RSUs. |
| 04/29/2025 | Date of signature on the Form 4 filing. |
Keywords
AZZ Inc, Thomas Ferguson, Stock Transactions, Restricted Stock Units, Form 4, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.