Bryan Lee Stovall - 09 May 2025 Form 4 Insider Report for AZZ INC (AZZ)

Role
COO - Metal Coatings
Signature
/s/ Tara D. Mackey, attorney-in-fact for Bryan L. Stovall
Issuer symbol
AZZ
Transactions as of
09 May 2025
Net transactions value
-$294,232
Form type
4
Filing time
13 May 2025, 16:58:26 UTC
Previous filing
29 Apr 2025
Next filing
03 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stovall Bryan Lee COO - Metal Coatings ONE MUSEUM PLACE SUITE 500, 3100 WEST 7TH STREET, FORT WORTH /s/ Tara D. Mackey, attorney-in-fact for Bryan L. Stovall 13 May 2025 0001451101

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZZ COMMON STOCK Options Exercise $0 +2,098 +9.5% $0.000000 24,115 09 May 2025 Direct
transaction AZZ COMMON STOCK Options Exercise $0 +73 +0.3% $0.000000 24,188 09 May 2025 Direct F1
transaction AZZ COMMON STOCK Tax liability $69,807 -763 -3.2% $91.49 23,425 09 May 2025 Direct F2
transaction AZZ COMMON STOCK Options Exercise $0 +6,023 +26% $0.000000 29,448 09 May 2025 Direct
transaction AZZ COMMON STOCK Options Exercise $0 +212 +0.72% $0.000000 29,660 09 May 2025 Direct F3
transaction AZZ COMMON STOCK Tax liability $224,425 -2,453 -8.3% $91.49 27,207 09 May 2025 Direct F2

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 -2,098 -100% $0.000000 0 09 May 2025 COMMON STOCK 2,098 Direct F4, F5, F6
transaction AZZ Performance Share Units Options Exercise $0 -6,023 -100% $0.000000 0 09 May 2025 COMMON STOCK 6,023 Direct F6, F7, F8, F9
* 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 2,098 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 4,495 granted on 5/9/2022, which AZZ has settled in shares of AZZ common stock.
F4 Each RSU represents a contingent right to receive one share of AZZ common stock.
F5 The RSUs granted on 5/9/2022, vest ratably over a 3-year period beginning on 5/9/2023.
F6 Once vested, the shares of common stock are not subject to expiration.
F7 Each PSU represents a contingent right to receive shares of AZZ common stock with the actual number varying based on achieved results.
F8 Represents the number of shares acquired by the reporting person upon the vesting of PSUs granted on 5/9/2022. This number represents 4,495 target PSUs and 1,528 additional PSUs earned based upon the achievement of 134% of pre-established performance goals during the performance cycle.
F9 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).

Remarks:

Pursuant to New York Stock Exchange (NYSE) rules, in the event a vesting date of RSUs falls on a weekend or holiday, the affected RSUs will vest on the next following NYSE business day.