AZZ Inc (AZZ) CFO reports RSU vesting, new shares and tax withholding
Rhea-AI Filing Summary
AZZ Inc Chief Financial Officer Jason Crawford reported routine equity compensation activity involving restricted stock units and tax withholding. On April 24, 2026, he acquired 940 shares of common stock through the exercise of restricted stock units and related dividend equivalents, and 374 shares were disposed of to cover tax withholding obligations. After these transactions, he directly held 13,603 shares of AZZ common stock and 1,880 restricted stock units, which each represent a contingent right to receive one share of common stock when vested. The RSUs were granted under the company’s 2023 Long-Term Incentive Plan and vest ratably over three years beginning April 24, 2026, and once vested, the underlying shares are not subject to expiration.
Positive
- None.
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Insider Trade Summary
Net Buyer: 572 shares
Net Buy
4 txns
Insider
Crawford Jason
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 940 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 940 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 6 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 374 | $143.33 | $54K |
Holdings After Transaction:
Restricted Stock Units — 1,880 shares (Direct);
COMMON STOCK — 13,603 shares (Direct)
Footnotes (5)
- F1. Reflects the vesting of dividend equivalent rights that accrued on 940 restricted stock units (RSUs) granted on 4/24/2025, 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. Each RSU represents a contingent right to receive one share of AZZ common stock.
- F4. The RSUs were granted on 4/24/2025 under the Companys 2023 Long-Term Incentive Plan and vest ratably over a 3-year period beginning on 4/24/2026.
- F5. Once vested, the shares of common stock are not subject to expiration.
Key Figures
Shares disposed for tax withholding: 374 shares
Shares acquired from RSU-related exercise: 940 shares
Common shares held after transactions: 13,603 shares
+2 more
5 metrics
Shares disposed for tax withholding
374 shares
Common stock used to satisfy tax obligations on 04/24/2026
Shares acquired from RSU-related exercise
940 shares
Common stock from RSUs and dividend equivalent rights on 04/24/2026
Common shares held after transactions
13,603 shares
Direct AZZ common stock ownership following 04/24/2026 activity
Restricted stock units held after transactions
1,880 RSUs
RSU balance after 04/24/2026 transactions under 2023 Long-Term Incentive Plan
Tax withholding share price
$143.33 per share
Implied value for 374 shares disposed to satisfy tax obligations
Key Terms
Restricted Stock Units, dividend equivalent rights, tax withholding obligations, Long-Term Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Reflects the vesting of dividend equivalent rights that accrued on 940 restricted stock units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
tax withholding obligations financial
"The reporting person disposed of shares of common stock to satisfy tax withholding obligations."
Long-Term Incentive Plan financial
"The RSUs were granted on 4/24/2025 under the Companys 2023 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
contingent right financial
"Each RSU represents a contingent right to receive one share of AZZ common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did AZZ (AZZ) CFO Jason Crawford report?
Jason Crawford reported equity compensation-related transactions. He acquired 940 AZZ common shares from restricted stock units and related dividend equivalents, while 374 shares were disposed of to satisfy tax withholding obligations. These transactions did not involve open-market buying or selling.
Were the AZZ (AZZ) CFO’s transactions open-market sales or tax withholding?
The disposition involved tax withholding, not an open-market sale. Specifically, 374 shares of AZZ common stock were surrendered to satisfy tax withholding obligations tied to vesting and settlement of restricted stock units and associated dividend equivalent rights.
What restricted stock units did the AZZ (AZZ) CFO exercise or vest?
The transactions reflect activity on 940 restricted stock units granted on April 24, 2025 under AZZ’s 2023 Long-Term Incentive Plan. Dividend equivalent rights that accrued on these RSUs vested and were settled in shares of AZZ common stock on April 24, 2026.
How do AZZ (AZZ) restricted stock units work for the CFO’s grant?
Each restricted stock unit represents a contingent right to receive one share of AZZ common stock. The RSUs granted to the CFO on April 24, 2025 vest ratably over three years starting April 24, 2026, and once vested, the underlying shares are not subject to expiration.
Under what plan were the AZZ (AZZ) CFO’s RSUs granted?
The restricted stock units were granted under AZZ’s 2023 Long-Term Incentive Plan. This plan provides equity-based awards, and the CFO’s RSUs vest ratably over a three-year period starting April 24, 2026, aligning compensation with longer-term company performance.