Azz Inc SEC Filings

AZZ INC chief operating officer for Metal Coatings Bryan Lee Stovall reported routine equity compensation activity. He converted restricted stock units into 9,017 shares of common stock, consistent with a special one-time award that vested half on May 31, 2025 and the remaining half on May 31, 2026. To cover related tax obligations, 3,592 shares of common stock were withheld at $134.24 per share. The filing describes these as derivative exercises and tax-withholding dispositions, not open‑market purchases or sales, and leaves Mr. Stovall with a substantial remaining direct shareholding.

AZZ Inc. has furnished an investor presentation outlining its strategy, recent performance and financial targets. For the trailing twelve months ended February 28, 2026, AZZ reports about $1.65 billion in consolidated sales and $368 million of Adjusted EBITDA, a 22.3% margin. Metal Coatings generated sales of $758.7 million and TTM Adjusted EBITDA of $235 million, while Precoat Metals produced $891.37 million of sales and $176 million of EBITDA. The company highlights a net leverage ratio of 1.4x after trailing twelve‑month debt reduction of $385.3 million, share repurchases of $20 million and a dividend increase of 17.6% to $0.20 per share. AZZ also emphasizes a new ~$125 million aluminum coil coating facility in Washington, Missouri, which it describes as on time, on budget and already profitable, with contracted run‑rate sales above $50 million and a long‑term commitment for 75% of capacity. FY2027 guidance calls for sales of $1.725–$1.775 billion, Adjusted EBITDA of $360–$400 million and Adjusted diluted EPS of $6.50–$7.00, alongside targeted net leverage of 1.0x–2.0x and additional debt reduction of $130–$170 million.

AZZ Inc. is asking shareholders to vote at its 2026 Annual Meeting on July 7, 2026 in Fort Worth, Texas. Holders of common stock as of May 8, 2026 may vote to elect eight directors, approve executive compensation on an advisory basis, and ratify Grant Thornton LLP as auditor.

The proxy highlights a strong fiscal 2026, including record sales, the 39th consecutive year of profitability from continuing operations, a share price increase of more than 40%, and a $385.3 million debt reduction that lowered net leverage from 2.5x to 1.4x. AZZ paid $23.0 million in dividends and repurchased $20.0 million of stock, while investing in a new aluminum coil coating facility that reached profitability in the fourth quarter. The Board emphasizes governance practices such as annual director elections with a majority-vote standard, a 15% special meeting right, an independent chair, and ongoing refreshment including two new independent directors with cyber and AI expertise.

AZZ also outlines a detailed sustainability framework, noting safety improvements, expanded emissions tracking, completion of a first greenhouse gas audit with limited assurance, and recognition by Newsweek as one of America’s Most Responsible Companies for the fourth consecutive year. The executive pay program is described as performance-based, using cash incentives and equity awards tied to multi‑year financial metrics, with clawback policies and stock ownership guidelines.

AZZ Inc. ownership update: Capital International Investors filed an amended Schedule 13G/A reporting beneficial ownership of 1,439,850 shares, representing 4.8% of the 29,855,666 shares believed to be outstanding. The filing lists sole voting and dispositive power over all 1,439,850 shares.

AZZ Inc. amended its main credit facility with Wells Fargo and a group of lenders through a Seventh Amendment to its Credit Agreement. The amendment replaces the prior revolving credit commitments with extended revolving credit commitments maturing on May 7, 2029. It also lowers the interest rate margin on revolving credit loans from 175–275 basis points to 125–225 basis points, depending on leverage. In addition, commitment fees on unused revolver capacity are reduced from 20–30 basis points to 15–25 basis points, and letter of credit fees are cut from 175–275 basis points to 125–225 basis points. The full terms are set out in the Seventh Amendment filed as Exhibit 10.1.

AZZ Inc Schedule 13G: Vanguard Capital Management reports beneficial ownership of 1,567,779 shares of AZZ Common Stock, representing 5.25% of the class as reported. The filing states Vanguard has sole dispositive power over 1,567,779 shares and sole voting power over 228,628 shares. The filing is signed on 04/29/2026 and cites holdings as of 03/31/2026.

Todd Michael Bella, President–Metal Coatings of AZZ Inc, reported mainly compensation-related equity activity. On April 25 and 28, 2026, he acquired a total of 4,473 shares of common stock through the vesting and conversion of performance share units (PSUs), restricted stock units (RSUs), and related dividend equivalent rights, with no open‑market purchases or sales.

The company withheld 1,494 shares of common stock at prices of $141.58 and $144.78 per share to cover tax withholding obligations. Footnotes show PSUs granted in 2023 paid out above target, with 1,909 target PSUs plus 1,603 additional PSUs earned based on achievement of 184% of a pre‑established performance metric. On April 27, 2026, Bella also received new grants of 1,009 PSUs and 1,010 RSUs that vest or are measured over future three‑year periods.

AZZ Inc. Chief Financial Officer Jason Crawford reported a series of routine equity compensation events. On April 27, 2026, he received grants of 2,430 Performance Share Units (PSUs) and 2,430 Restricted Stock Units (RSUs), each convertible into common shares under AZZ long‑term incentive plans.

On April 25 and 28, 2026, earlier RSUs and PSUs vested and were settled in AZZ common stock, including PSUs granted in 2023 where performance reached 184% of pre‑set metrics, increasing shares earned. Across these vestings, 3,315 common shares were disposed of solely to satisfy tax withholding obligations, not as open‑market sales.