Form 4 for AZZ AZZ INC
Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-09 · accession 0000008947-24-000109 · 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 | 2024-05-13 | 2024-05-09 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | M - OptEx | $0.00 | +2,159 | 35.2K | +7% | $0 |
| D | 2024-05-13 | 2024-05-09 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | F - Tax | $78.07 | -698 | 34.5K | -2% | -$54.5K |
| D | 2024-05-13 | 2024-05-09 | AZZ | Stovall Bryan Lee | COO - Metal Coatings | M - OptEx | $0.00 | -2,098 | 2,097 | -50% | $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 | COMMON STOCK | 2024-05-09 | M | A | 61 | $0.00 | 35,243 | D | — | — | (F1) Represents the vesting of dividend equivalent rights that accrued on restricted stock units ("RSUs") granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock. |
| 2 | Common | COMMON STOCK | 2024-05-09 | M | A | 2,098 | $0.00 | 35,182 | D | — | — | |
| 3 | Common | COMMON STOCK | 2024-05-09 | F | D | 698 | $78.07 | 34,545 | D | — | — | (F2) The reporting person disposed of shares of common stock to satisfy tax withholding obligations. |
| 4 | Derivative | Restricted Stock Units | 2024-05-09 | M | D | 2,098 | $0.00 | 2,097 | D | — · — to — | 2,098 COMMON STOCK | (F3) Each RSU represents a contingent right to receive one share of AZZ common stock. (F4) The RSUs granted on 5/9/2022, vest over a 3-year period with one-third vesting on 5/9/2023, 5/9/2024 and 5/9/2025. (F5) Once vested, the shares of common stock are not subject to expiration. |