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AZZ INC — Director's Dealing 2025
May 13, 2025
31310_dirs_2025-05-13_f92cfa7e-e657-4440-8798-d459c1b13633.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: 2025-05-09
Reporting Person: Mackey Tara D (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-09 | COMMON STOCK | M | 1725 | — | Acquired | 27854 | Direct |
| 2025-05-09 | COMMON STOCK | M | 60 | — | Acquired | 27914 | Direct |
| 2025-05-09 | COMMON STOCK | F | 576 | $91.49 | Disposed | 27338 | Direct |
| 2025-05-09 | COMMON STOCK | M | 4715 | — | Acquired | 32053 | Direct |
| 2025-05-09 | COMMON STOCK | M | 166 | — | Acquired | 32219 | Direct |
| 2025-05-09 | COMMON STOCK | F | 1870 | $91.49 | Disposed | 30349 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-09 | Restricted Stock Units | $ | M | 1725 | Disposed | COMMON STOCK (1725) | Direct | |
| 2025-05-09 | Performance Share Units | $ | M | 4715 | Disposed | COMMON STOCK (4715) | Direct |
Footnotes
F1: Represents the vesting of dividend equivalent rights that accrued on 1,725 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 3,519 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 3,519 target PSUs and 1,196 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 the Issuers 2014 Long Term Incentive Plan and had a three-year performance cycle (3/1/2022- 2/28/2025).