Form 4: Ferguson Director Receives RSU Grant

Ferguson Enterprises Inc. director Alan J. Murray was granted 331 Restricted Stock Units under the company's 2023 equity incentive plan.

Summary

• Director Alan J. Murray of Ferguson Enterprises Inc. was granted 331 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• The transaction occurred on December 10, 2025, with a reported price of $0 per unit, indicating a grant.
• These RSUs were issued under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan.
• The RSUs are scheduled to vest on the date of the Issuer's next annual meeting of stockholders, contingent upon Mr. Murray's continued service.
• Following this transaction, Alan J. Murray directly beneficially owns 4,846 shares of Common Stock.

Sentiment

Score: 6

Explanation: A routine grant of Restricted Stock Units to a director, aligning their interests with the company's performance, which is a moderately positive but expected event.

Positives

• The grant of Restricted Stock Units to a director helps align their interests with those of the shareholders, incentivizing long-term performance.

Future Outlook

The granted Restricted Stock Units are set to vest at the Issuer's next annual meeting of stockholders, provided the reporting person continues their service through that date.

Industry Context

The grant of Restricted Stock Units to a director is a common practice in publicly traded companies, serving as a form of equity-based compensation to attract, retain, and incentivize key personnel by linking their financial interests to the company's long-term performance.

Comparison to Industry Standards

• This RSU grant is consistent with standard compensation practices for directors in public companies across various industries, aiming to align leadership incentives with shareholder value creation.
• Many companies, including peers in the distribution and building materials sector, utilize similar equity incentive plans to compensate non-executive directors and executives.

Corporate Governance

Related Party Transactions

• The grant of 331 Restricted Stock Units to Director Alan J. Murray constitutes a transaction between the company and a related party (a director), consistent with established compensation policies and the 2023 Omnibus Equity Incentive Plan.

Stakeholder Impact

• Shareholders: The grant aligns the director's long-term interests with shareholder value creation, potentially leading to more focused strategic decisions.
• Employees: No direct impact on general employees is indicated by this specific filing.

Next Steps

• The vesting of the 331 Restricted Stock Units will occur at the Issuer's next annual meeting of stockholders, subject to continued service.

Key Dates

Recommendation

This Form 4 reports a routine grant of Restricted Stock Units to a director as part of their compensation, which is a standard practice to align management interests with shareholders. It does not present new information that would significantly alter the investment outlook for Ferguson Enterprises Inc., thus a 'hold' recommendation is appropriate.

Keywords

Ferguson Enterprises, FERG, Restricted Stock Units, RSU, Director Compensation, Equity Grant, SEC Form 4, Insider Transaction