Ferguson (FERG) Chief Strategy Officer receives new stock options and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ferguson Enterprises Chief Strategy Officer Jake Schlicher received new equity compensation awards. He was granted 2,266 shares of Common Stock as a stock award and 4,653 stock options with an exercise price of $231.63 per share, expiring on March 12, 2036.
The restricted stock units and options vest in three equal annual installments beginning on March 12, 2027, subject to continued service or eligible retirement. Following these awards, Schlicher directly holds 14,599 shares of Common Stock and 4,653 stock options. No shares were sold in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schlicher Jake
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 4,653 | $0.00 | -- |
| Grant/Award | Common Stock | 2,266 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 4,653 shares (Direct);
Common Stock — 14,599 shares (Direct)
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 insider transactions did Ferguson (FERG) report for Jake Schlicher?
Ferguson reported that Chief Strategy Officer Jake Schlicher received equity grants, including stock options and restricted stock units. These awards increase his direct ownership and are part of compensation under the 2023 Omnibus Equity Incentive Plan, with no open-market share sales reported.
How many Ferguson (FERG) stock options were granted to Jake Schlicher?
Jake Schlicher was granted 4,653 stock options in Ferguson Enterprises. These options have an exercise price of $231.63 per share and expire on March 12, 2036, and will vest in three equal annual installments starting March 12, 2027, subject to continued service.
What common stock award did Jake Schlicher receive from Ferguson (FERG)?
Jake Schlicher received 2,266 shares of Common Stock as a grant under Ferguson’s 2023 Omnibus Equity Incentive Plan. These restricted stock units convert into shares in three equal annual installments beginning March 12, 2027, assuming continued service or eligible retirement through each vesting date.
When do Jake Schlicher’s Ferguson (FERG) equity awards start vesting?
Both the restricted stock units and stock options granted to Jake Schlicher begin vesting on March 12, 2027. The awards vest in three equal annual installments, contingent on his continued service with Ferguson Enterprises or eligibility for retirement on each vesting date.