AZZ (AZZ) COO gains stock from RSUs, 324 shares withheld for taxes
Rhea-AI Filing Summary
AZZ INC executive Bryan Lee Stovall, COO – Metal Coatings, reported routine equity compensation activity. He exercised restricted stock units (RSUs) and related derivative awards, receiving 949 shares of common stock from vested RSUs plus a small additional 6-share exercise. To cover tax withholding obligations, 324 shares of common stock were disposed of at $143.33 per share, a non‑market tax-withholding transaction rather than an open‑market sale. Following these transactions, he holds 23,340 shares of AZZ common stock directly, along with 1,898 RSUs that each represent a contingent right to receive one share when vesting completes under the company’s 2023 Long-Term Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 631 shares
Net Buy
4 txns
Insider
Stovall Bryan Lee
Role
COO - Metal Coatings
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 949 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 949 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 6 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON STOCK | 324 | $143.33 | $46K |
Holdings After Transaction:
Restricted Stock Units — 1,898 shares (Direct);
COMMON STOCK — 23,340 shares (Direct)
Footnotes (5)
- F1. Reflects the vesting of dividend equivalent rights that accrued on 949 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
Tax-withholding shares: 324 shares at $143.33
RSUs converted: 949 RSUs
Common shares held after: 23,340 shares
+2 more
5 metrics
Tax-withholding shares
324 shares at $143.33
Shares disposed to satisfy tax withholding obligations
RSUs converted
949 RSUs
RSUs granted 4/24/2025 converted into common stock
Common shares held after
23,340 shares
Direct AZZ common stock ownership following transactions
RSUs outstanding
1,898 RSUs
Restricted stock units remaining after reported activity
Tax-withholding value
$46,433.92
324 shares at $143.33 per share used for taxes
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 949 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
"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) COO Bryan Lee Stovall report?
Bryan Lee Stovall reported exercising equity awards into AZZ common stock and disposing of shares solely to satisfy tax withholding obligations. The activity reflects routine compensation mechanics, not open-market buying or selling, and adjusts his holdings between RSUs and directly owned common shares.
How many AZZ restricted stock units vested for Bryan Lee Stovall?
A total of 949 RSUs converted into AZZ common stock, reflecting vesting of RSUs granted on April 24, 2025. Dividend equivalent rights that accrued on these 949 RSUs also vested and were settled in additional AZZ common shares according to the filing’s footnotes.
What are Bryan Lee Stovall’s AZZ common stock holdings after these transactions?
After the reported transactions, he directly holds 23,340 shares of AZZ common stock. This figure comes from the Form 4 totals following the tax-withholding disposition and reflects his updated direct ownership position in the company.
How many AZZ RSUs does Bryan Lee Stovall still hold after the Form 4?
He holds 1,898 restricted stock units after the transactions. Each RSU represents a contingent right to receive one AZZ common share, subject to the vesting schedule under the 2023 Long-Term Incentive Plan disclosed in the footnotes.
How do Bryan Lee Stovall’s AZZ RSUs vest under the long-term plan?
The RSUs were granted on April 24, 2025 under AZZ’s 2023 Long-Term Incentive Plan and vest ratably over three years beginning April 24, 2026. Once vested, the resulting AZZ common shares are not subject to expiration, according to the filing footnotes.