Form 4 for AZZ AZZ INC
Accepted 2024-05-14 00:00:00 ET · period of report 2024-05-13 · accession 0000008947-24-000118 · 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 | 2024-05-14 | 2024-05-13 | AZZ | Russell Kurt L. | COO - Precoat Metals | M - OptEx | $0.00 | +15.4K | 29.0K | +113% | $0 |
| D | 2024-05-14 | 2024-05-13 | AZZ | Russell Kurt L. | COO - Precoat Metals | F - Tax | $76.55 | -6,050 | 9,354 | -39% | -$463.1K |
| D | 2024-05-14 | 2024-05-13 | AZZ | Russell Kurt L. | COO - Precoat Metals | M - OptEx | $0.00 | -15.0K | 0 | -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 | 2024-05-13 | M | A | 377 | $0.00 | 15,404 | D | — | — | (F1) Represents the vesting of dividend equivalent rights that accrued on restricted stock units ("RSUs") granted on 5/13/2022, which AZZ has settled in shares of AZZ common stock. |
| 2 | Common | COMMON STOCK | 2024-05-13 | M | A | 15,000 | $0.00 | 29,033 | D | — | — | |
| 3 | Common | Restricted Stock Units | 2024-05-13 | F | D | 6,050 | $76.55 | 9,354 | D | — | — | (F2) The reporting person disposed of shares of AZZ common stock to satisfy tax withholding obligations. |
| 4 | Derivative | Restricted Stock Units | 2024-05-13 | M | D | 15,000 | $0.00 | 0 | D | — · — to — | 15,000 COMMON STOCK | (F3) Each RSU represents a contingent right to receive one share of AZZ common stock. (F4) The RSUs granted on 5/13/2022, vest ratably over a two-year period beginning on 5/13/2023. (F5) Once vested, the shares of common stock are not subject to expiration. |