AZZ Inc (AZZ) COO adds shares via 2018 ESPP purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AZZ Inc executive Jeffrey Vellines, President & COO of Precoat Metals, voluntarily reported purchasing 22 shares of AZZ common stock at $91.10 per share through the company’s 2018 Employee Stock Purchase Plan for the period from January 1, 2026 to June 30, 2026. After this routine ESPP purchase, he directly holds 6,054 shares. The transaction is reported as exempt from Rule 16b-3(c).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vellines Jeffrey
Role
Pres & COO - Precoat Metals
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | COMMON STOCK | 22 | $91.10 | $2K |
Holdings After Transaction:
COMMON STOCK — 6,054 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares purchased: 22 shares
Purchase price: $91.10 per share
Holdings after transaction: 6,054 shares
+2 more
5 metrics
Shares purchased
22 shares
ESPP period Jan 1–Jun 30, 2026
Purchase price
$91.10 per share
2018 Employee Stock Purchase Plan
Holdings after transaction
6,054 shares
Direct ownership following ESPP purchase
ESPP discount
85% of closing price
Based on closing price on enrollment date
Rule 16b-3(c) status
Exempt transaction
Voluntarily reported ESPP purchase
Key Terms
2018 Employee Stock Purchase Plan, Rule 16b-3(c), closing stock price, enrollment date
4 terms
2018 Employee Stock Purchase Plan financial
"pursuant to the AZZ Inc. 2018 Employee Stock Purchase Plan (2018 ESPP), for the 2018 ESPP purchase period"
Rule 16b-3(c) regulatory
"This transaction is exempt from Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
closing stock price financial
"shares were purchased based upon 85% of the closing stock price of the Issuers common stock"
enrollment date financial
"on the enrollment date by the reporting person (as defined in the 2018 ESPP)."
FAQ
What insider transaction did AZZ (AZZ) report for Jeffrey Vellines?
Jeffrey Vellines reported buying 22 shares of AZZ common stock through the 2018 Employee Stock Purchase Plan. The purchase covered the period from January 1, 2026 to June 30, 2026 and was reported as exempt under Rule 16b-3(c).
Is the AZZ (AZZ) ESPP transaction by Jeffrey Vellines considered routine?
The filing describes the transaction as a voluntary report of shares bought under the 2018 Employee Stock Purchase Plan, a standard employee benefit program. Such ESPP purchases are typically routine and, here, are reported as exempt from Rule 16b-3(c) requirements.