AZZ Inc (AZZ) director receives 937-share common stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Purvis Steven R. reported acquisition or exercise transactions in this Form 4 filing.
AZZ Inc director Steven R. Purvis received a grant of 937 shares of common stock on July 7, 2026 as a non-cash award. This increased his directly held stake to 23,862 shares, reflecting routine equity-based director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Purvis Steven R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 937 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 23,862 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 937 shares
Total shares after grant: 23,862 shares
Grant price per share: $0.0000 per share
3 metrics
Shares granted
937 shares
Director stock grant on July 7, 2026
Total shares after grant
23,862 shares
Director’s direct holdings following the transaction
Grant price per share
$0.0000 per share
Reported transaction price for awarded common stock
Key Terms
Grant, award, or other acquisition, COMMON STOCK, Form 4
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
COMMON STOCK financial
"security_title: "COMMON STOCK" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the AZZ transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did AZZ (AZZ) report for Steven R. Purvis?
AZZ reported that director Steven R. Purvis received a grant of 937 shares of common stock. The shares were awarded at no cash cost, characterizing the transaction as equity compensation rather than an open-market trade or discretionary purchase.
Was the AZZ Form 4 transaction a stock purchase or a grant?
The AZZ Form 4 shows a grant, not a purchase, coded as “A” for “Grant, award, or other acquisition.” Purvis acquired 937 common shares at a reported price of $0.0000 per share, indicating a compensatory stock award instead of an open-market buy.
What does transaction code A mean in the AZZ Form 4 filing?
In this AZZ filing, transaction code A is described as “Grant, award, or other acquisition.” It signals that 937 shares of common stock were awarded to director Steven R. Purvis as compensation, with no cash paid per share in the reported transaction.
Does the AZZ Form 4 indicate direct or indirect ownership for this grant?
The Form 4 identifies the 937-share grant as directly owned, marked with ownership code D for direct. No additional nature-of-ownership detail or indirect-holding entity is listed, so the 23,862 shares following the transaction are reported as directly held.