Ferguson chair granted 742 RSUs in new award
Drabble Geoff reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Drabble Geoff reported acquisition or exercise transactions in this Form 4 filing.
Ferguson Enterprises Inc. director and Board Chair Geoff Drabble received a grant of 742 shares of Common Stock in the form of Restricted Stock Units (RSUs). These RSUs were awarded at no cash cost per share and increase his directly held position to 7,473 shares.
The RSUs were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. They are scheduled to vest on the date of the company’s next annual meeting of stockholders, provided Drabble continues his service with the company through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 742 | $0.00 | $0.00 |
Footnotes (2)
- F1. The RSUs have a vesting date of the Issuer's next annual meeting of stockholders subject to the reporting person's continued service through such date.
- F2. The reported securities represent Restricted Stock Units ("RSUs") which were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
vesting date financial
2023 Omnibus Equity Incentive Plan financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FERG director Geoff Drabble report on this Form 4?
What are the vesting terms of Geoff Drabble’s new FERG RSU award?
Under which plan were the new FERG RSUs for Geoff Drabble granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.