Form 4 for AZZ AZZ INC
Accepted 2025-05-13 00:00:00 ET · period of report 2025-05-09 · accession 0000008947-25-000096 · 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 | 2025-05-13 | 2025-05-09 | AZZ | FERGUSON THOMAS E | Pres, CEO, Dir | M - OptEx | $0.00 | +35.9K | 225.2K | +19% | $0 |
| DM | 2025-05-13 | 2025-05-09 | AZZ | FERGUSON THOMAS E | Pres, CEO, Dir | F - Tax | $91.49 | -14.1K | 214.4K | -6% | -$1.29M |
| D | 2025-05-13 | 2025-05-12 | AZZ | FERGUSON THOMAS E | Pres, CEO, Dir | S - Sale+OE | $93.91 | -4,973 | 209.4K | -2% | -$467.0K |
| DM | 2025-05-13 | 2025-05-09 | AZZ | FERGUSON THOMAS E | Pres, CEO, Dir | M - OptEx | $0.00 | -34.7K | 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 | COMMON STOCK | 2025-05-09 | M | A | 7,967 | $0.00 | 200,574 | D | — | — | |
| 2 | Common | COMMON STOCK | 2025-05-09 | M | A | 280 | $0.00 | 200,854 | D | — | — | (F1) Represents the vesting of dividend equivalent rights that accrued on 7,967 restricted stock units ("RSUs") granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock. |
| 3 | Common | COMMON STOCK | 2025-05-09 | F | D | 3,244 | $91.49 | 197,610 | D | — | — | (F2) The reporting person disposed of shares of common stock to satisfy tax withholding obligations. |
| 4 | Common | COMMON STOCK | 2025-05-09 | M | A | 26,687 | $0.00 | 224,297 | D | — | — | |
| 5 | Common | COMMON STOCK | 2025-05-09 | M | A | 939 | $0.00 | 225,236 | D | — | — | (F3) Represents the vesting of dividend equivalent rights that accrued on the target performance share units ("PSUs") of 19,916 granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock. |
| 6 | Common | COMMON STOCK | 2025-05-09 | F | D | 10,870 | $91.49 | 214,366 | D | — | — | (F2) The reporting person disposed of shares of common stock to satisfy tax withholding obligations. |
| 7 | Common | COMMON STOCK | 2025-05-12 | S | D | 4,973 | $93.91 | 209,393 | D | — | — | (F4) The price reported in column 4 is a weighted average. |
| 8 | Derivative | Restricted Stock Units | 2025-05-09 | M | D | 7,967 | $0.00 | 0 | D | — · — to — | 7,967 COMMON STOCK | (F5) Each RSU represents a contingent right to receive one share of AZZ common stock. (F6) The RSUs granted on 5/9/2022, vest ratably over a 3-year period beginning on 5/9/2023. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 9 | Derivative | Performance Share Units | 2025-05-09 | M | D | 26,687 | $0.00 | 0 | D | — · — to — | 26,687 COMMON STOCK | (F9) Represents the number of shares acquired by the reporting person upon the vesting of PSUs granted on 5/9/2022. This number represents 19,916 target PSUs and 6,771 additional PSUs earned based upon the achievement of 134% of pre-established performance goals during the performance cycle. (F8) Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results. (F10) The PSUs granted on 5/9/2022 were granted under Issuers 2014 Long Term Incentive Plan and had a three-year performance cycle (3/1/2022- 2/28/2025). (F7) Once vested, the shares of common stock are not subject to expiration. |