Filing Details
- Accession Number:
- 0000008947-25-000096
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-13 16:58:15
- Reporting Period:
- 2025-05-09
- Filing Date:
- 2025-05-13
- Accepted Time:
- 2025-05-13 16:58:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 8947 | Azz Inc | AZZ | Coating, Engraving & Allied Services (3470) | 750948250 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1208749 | E Thomas Ferguson | One Museum Place, Suite 500 3100 West 7Th Street Fort Worth TX 76107 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2025-05-09 | 7,967 | $0.00 | 200,574 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-05-09 | 280 | $0.00 | 200,854 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-05-09 | 3,244 | $91.49 | 197,610 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2025-05-09 | 26,687 | $0.00 | 224,297 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-05-09 | 939 | $0.00 | 225,236 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-05-09 | 10,870 | $91.49 | 214,366 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2025-05-12 | 4,973 | $93.91 | 209,393 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2025-05-09 | 7,967 | $0.00 | 7,967 | $0.00 |
| Common Stock | Performance Share Units | Disposition | 2025-05-09 | 26,687 | $0.00 | 26,687 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- 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.
- The reporting person disposed of shares of common stock to satisfy tax withholding obligations.
- 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.
- The price reported in column 4 is a weighted average.
- Each RSU represents a contingent right to receive one share of AZZ common stock.
- The RSUs granted on 5/9/2022, vest ratably over a 3-year period beginning on 5/9/2023.
- Once vested, the shares of common stock are not subject to expiration.
- Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
- 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.
- 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).
Billionaire Hedge Funds
