Ferguson (FERG) CHRO receives new stock options and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ferguson Enterprises Chief Human Resources Officer Allison Stirrup received new equity awards as part of compensation. She was granted 3,655 stock options with an exercise price of $231.63 per share, expiring in 2036, and 1,780 shares of common stock directly, plus 189 shares held indirectly by her spouse.
The stock awards are in the form of Restricted Stock Units that convert into common shares in three equal annual installments beginning on March 12, 2027, subject to continued service or eligible retirement. Following these grants, she holds 7,359 common shares directly, 306 shares indirectly through her spouse, and 3,655 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Stirrup Allison
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 3,655 | $0.00 | -- |
| Grant/Award | Common Stock | 1,780 | $0.00 | -- |
| Grant/Award | Common Stock | 189 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 3,655 shares (Direct);
Common Stock — 7,359 shares (Direct);
Common Stock — 306 shares (Indirect, By spouse)
Footnotes (1)
- The reported securities represent Restricted Stock Units granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan, which entitles the Reporting Person to receive the stated amount of Common Stock in three equal annual installments beginning on March 12, 2027 (the "Vesting Dates"), subject to the Reporting Person's continued service through the Vesting Dates or retirement, if eligible. The reported securities represent Stock Options granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan, which entitles the Reporting Person to receive the stated amount of Stock Options in three equal annual installments beginning on March 12, 2027 (the "Vesting Dates"), subject to the Reporting Person's continued service through the Vesting Dates or retirement, if eligible.
FAQ
What equity awards did Ferguson (FERG) CHRO Allison Stirrup receive?
Allison Stirrup received 3,655 stock options at an exercise price of $231.63 and 1,780 shares of common stock directly, plus 189 shares indirectly through her spouse, as part of her equity compensation package.
How do Allison Stirrup’s new Restricted Stock Units at Ferguson (FERG) vest?
The Restricted Stock Units vest in three equal annual installments starting March 12, 2027. Each installment delivers a portion of the stated common shares, contingent on her continued service or qualifying retirement at the applicable vesting dates.
What is the exercise price and term of Allison Stirrup’s new Ferguson (FERG) stock options?
Her new stock options cover 3,655 shares of common stock at an exercise price of $231.63 per share and expire on March 12, 2036, providing a long-dated incentive tied to Ferguson’s future share performance.
Are Allison Stirrup’s Ferguson (FERG) equity transactions open-market buys or compensation grants?
All transactions reported are compensation-related grants, not open-market purchases. They consist of stock options and Restricted Stock Units awarded under Ferguson’s 2023 Omnibus Equity Incentive Plan, reflecting standard executive incentive practices.