STOCK TITAN

Ferguson (NYSE: FERG) COO awarded new stock and options in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ferguson Enterprises Inc. Chief Operating Officer William T. Thees Jr. reported equity awards that increase his stake in the company. He received 2,266 shares of Common Stock as a grant, bringing his direct common share holdings to 32,612 shares.

He also received a grant of 4,653 stock options with an exercise price of $231.63 per share, expiring on March 12, 2036. According to the plan terms, both the restricted stock units and options vest in three equal annual installments beginning on March 12, 2027, subject to his continued service or eligible retirement status.

Positive

  • None.

Negative

  • None.

Insights

Routine equity grants to COO, no open-market trading signal.

The filing shows compensation-related awards for Ferguson’s COO rather than market purchases or sales. He received 2,266 restricted shares and 4,653 options at an exercise price of $231.63, all directly held.

Both awards vest in three equal tranches starting on March 12, 2027, contingent on continued service or eligible retirement. Because these are standard incentive grants with no open-market buying or selling and derivativeSummary shows no additional derivative changes, the information is structurally important but not thesis-changing for investors.

Insider Thees William T. Jr
Role Chief Operating 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 — 32,612 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Thees William T. Jr

(Last) (First) (Middle)
C/O FERGUSON ENTERPRISES INC.
751 LAKEFRONT COMMONS

(Street)
NEWPORT NEWS VA 23606

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Ferguson Enterprises Inc. /DE/ [ FERG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/12/2026 A 2,266(1) A $0 32,612 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $231.63 03/12/2026 A 4,653 (2) 03/12/2036 Common Stock 4,653 $0 4,653 D
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Ian Graham by Power of Attorney 03/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did Ferguson (FERG) grant to its COO in this Form 4?

Ferguson granted COO William T. Thees Jr. 2,266 shares of Common Stock and 4,653 stock options. These are compensation-related awards, not open-market trades, and increase his direct equity and option-based exposure to the company.

At what price can the COO exercise his new Ferguson (FERG) stock options?

The new options allow the COO to buy Ferguson common stock at an exercise price of $231.63 per share. This strike price defines the cost to convert options into shares before their expiration in 2036, if vesting and other conditions are satisfied.

When do the Ferguson (FERG) equity awards reported in this Form 4 vest?

Both the restricted stock units and stock options vest in three equal annual installments, beginning on March 12, 2027. Vesting is conditioned on the COO’s continued service through each vesting date or retirement if he is eligible under the plan.

How many Ferguson (FERG) common shares does the COO hold after these grants?

After the reported grant, the COO directly holds 32,612 shares of Ferguson common stock. This total reflects his updated non-derivative position and shows his ongoing ownership stake, separate from the additional 4,653 stock options awarded as part of equity compensation.

Are the Ferguson (FERG) Form 4 transactions open-market buys or sells?

No. The Form 4 reports grant or award acquisitions, not open-market purchases or sales. The transactions consist of restricted stock units and stock options granted under Ferguson’s 2023 Omnibus Equity Incentive Plan as part of the COO’s compensation package.