THOMAS E. FERGUSON - 09 May 2025 Form 4 Insider Report for AZZ INC (AZZ)

Role
President and CEO, Director
Signature
/s/ Tara D. Mackey, attorney-in-fact for Thomas E. Ferguson
Issuer symbol
AZZ
Transactions as of
09 May 2025
Transactions value $
-$1,758,284
Form type
4
Filing time
13 May 2025, 16:58:15 UTC
Previous filing
06 May 2025
Next filing
08 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
FERGUSON THOMAS E President and CEO, Director ONE MUSEUM PLACE, SUITE 500, 3100 WEST 7TH STREET, FORT WORTH /s/ Tara D. Mackey, attorney-in-fact for Thomas E. Ferguson 13 May 2025 0001208749

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZZ COMMON STOCK Options Exercise $0 +7.97K +4.14% $0.00 201K 09 May 2025 Direct
transaction AZZ COMMON STOCK Options Exercise $0 +280 +0.14% $0.00 201K 09 May 2025 Direct F1
transaction AZZ COMMON STOCK Tax liability -$297K -3.24K -1.62% $91.49 198K 09 May 2025 Direct F2
transaction AZZ COMMON STOCK Options Exercise $0 +26.7K +13.5% $0.00 224K 09 May 2025 Direct
transaction AZZ COMMON STOCK Options Exercise $0 +939 +0.42% $0.00 225K 09 May 2025 Direct F3
transaction AZZ COMMON STOCK Tax liability -$994K -10.9K -4.83% $91.49 214K 09 May 2025 Direct F2
transaction AZZ COMMON STOCK Sale -$467K -4.97K -2.32% $93.91 209K 12 May 2025 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AZZ Restricted Stock Units Options Exercise $0 -7.97K -100% $0.00 0 09 May 2025 COMMON STOCK 7.97K Direct F5, F6, F7
transaction AZZ Performance Share Units Options Exercise $0 -26.7K -100% $0.00 0 09 May 2025 COMMON STOCK 26.7K Direct F7, F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 The reporting person disposed of shares of common stock to satisfy tax withholding obligations.
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.
F4 The price reported in column 4 is a weighted average.
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.
F8 Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
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.
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).