[Form 4] AZZ INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AZZ IncApril 24, 2026, 873 restricted stock units (RSUs) granted on April 24, 2025 vested, including associated dividend equivalent rights, and were settled in AZZ common stock.
To cover tax withholding obligations, Vellines disposed of 392 shares of common stock at $143.33 per share, a non-market, tax-related transaction. Following these transactions, he directly owns 2,542 shares of AZZ common stock and holds 1,748 unvested RSUs that continue to vest under the 2023 Long-Term Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
873 shares exercised/converted
Mixed
4 txns
Insider
Vellines Jeffrey
Role
Pres & COO - Precoat Metals
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 873 | $0.00 | -- |
| Exercise | COMMON STOCK | 873 | $0.00 | -- |
| Exercise | COMMON STOCK | 6 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 392 | $143.33 | $56K |
Holdings After Transaction:
Restricted Stock Units — 1,748 shares (Direct, null);
COMMON STOCK — 2,542 shares (Direct, null)
Footnotes (1)
- Reflects the vesting of dividend equivalent rights that accrued on 873 restricted stock units (RSUs) granted on 4/24/2025, which AZZ has settled in shares of AZZ common stock. The reporting person disposed of shares of common stock to satisfy tax withholding obligations. Each RSU represents a contingent right to receive one share of AZZ common stock. 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. Once vested, the shares of common stock are not subject to expiration.
Key Figures
Tax-withheld shares: 392 shares
Tax-withholding price: $143.33 per share
RSUs vested: 873 RSUs
+2 more
5 metrics
Tax-withheld shares
392 shares
Common stock disposed to satisfy tax withholding obligations
Tax-withholding price
$143.33 per share
Value used for 392-share tax-withholding disposition
RSUs vested
873 RSUs
RSUs granted on April 24, 2025 that vested on April 24, 2026
Shares owned after transactions
2,542 shares
Direct AZZ common stock holdings following reported Form 4 events
Unvested RSUs remaining
1,748 RSUs
RSUs under 2023 Long-Term Incentive Plan after vesting event
Key Terms
Restricted Stock Units, dividend equivalent rights, tax withholding obligations, Long-Term Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of AZZ common stock."
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 873 restricted stock units (RSUs)..."
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."
