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AZZ INC — Director's Dealing 2024
May 24, 2024
31310_dirs_2024-05-24_7830b9de-285f-47e0-8e70-8ff5afb0ab4b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AZZ INC (AZZ)
CIK: 0000008947
Period of Report: 2024-05-22
Reporting Person: Moseley Tiffany (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-22 | COMMON STOCK | M | 1181 | — | Acquired | 1503 | Direct |
| 2024-05-22 | COMMON STOCK | M | 10 | — | Acquired | 1513 | Direct |
| 2024-05-22 | COMMON STOCK | F | 279 | $84.03 | Disposed | 1234 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-22 | Restricted Stock Units | $ | M | 1181 | Disposed | COMMON STOCK (1181) | Direct |
Footnotes
F1: Represents the vesting of dividend equivalent rights on restricted stock units (RSUs) granted on 8/8/2023, which AZZ has elected to pay in shares of AZZ common stock.
F2: The reporting person disposed of shares of AZZ common stock to satisfy tax withholding obligations.
F3: Each RSU represents a contingent right to receive one share of AZZ common stock.
F4: The RSUs are granted under AZZ's 2023 Long-Term Incentive Plan and vest over a three-year period with one-third of the RSUs vesting on 5/22/2024, 5/22/2025 and 5/22/2026.
F5: Once vested, the shares of common stock are not subject to expiration.