Form 4 for AZZ AZZ INC
Accepted 2024-05-01 00:00:00 ET · period of report 2024-04-28 · accession 0000008947-24-000077 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-05-01 | 2024-04-28 | AZZ | Russell Kurt L. | COO - Precoat Metals | M - OptEx | $0.00 | +1,985 | 16.0K | +14% | $0 |
| D | 2024-05-01 | 2024-04-28 | AZZ | Russell Kurt L. | COO - Precoat Metals | F - Tax | $71.49 | -991 | 15.0K | -6% | -$70.8K |
| D | 2024-05-01 | 2024-04-28 | AZZ | Russell Kurt L. | COO - Precoat Metals | M - OptEx | $0.00 | +1,966 | 3,934 | +100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Restricted Stock Units | 2024-04-28 | M | A | 1,966 | $0.00 | 15,999 | D | — | — | |
| 2 | Common | Restricted Stock Units | 2024-04-28 | M | A | 19 | $0.00 | 16,018 | D | — | — | (F1) Represents the vesting of dividend equivalent rights on restricted stock units (RSUs) granted on 4/28/2023, which AZZ has elected to pay in shares of AZZ common stock. |
| 3 | Common | Restricted Stock Units | 2024-04-28 | F | D | 991 | $71.49 | 15,027 | D | — | — | (F2) The reporting person disposed of common stock to satisfy tax withholding obligations. (F3) Pursuant to Issuers 2014 Long Term Incentive Plan, as amended, if the vesting date falls on a weekend or holiday, the closing price shall be the closing price on the last trading day prior to the vesting date. |
| 4 | Derivative | Restricted Stock Units | 2024-04-28 | M | A | 1,966 | $0.00 | 3,934 | D | — · — to — | 1,966 COMMON STOCK | (F4) Each RSU represents a contingent right to receive one share of AZZ common stock. (F5) The RSUs granted on 4/28/2023 vest ratably over a 3-year period beginning on 4/28/2024. (F6) Once vested, the shares of common stock are not subject to expiration. |