FERG SVP reports awards; sells at $233.234, holds 9,052 shares

Rhea-AI Filing Summary

Ferguson (FERG) reported insider activity by its Senior VP – Waterworks. On 10/13/2025, the officer acquired 1,769 shares from a 2022 performance award settlement and 870 shares from a conditional award vesting, then disposed of 1,040 shares at $231.47 and sold 1,600 shares at a $233.234 VWAP on the NYSE. On 10/14/2025, the officer received a grant of 797 RSUs.

Following these transactions, the officer beneficially owned 9,052 shares directly. In addition, on 10/14/2025 the officer was granted 1,632 stock options with a $235 exercise price, expiring on 10/14/2035. The RSUs and options vest in three equal annual installments beginning 10/14/2026, subject to continued service or eligible retirement.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Camposano Robert Anthony 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)
	Senior VP - Waterworks

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2025

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	10/13/2025		A		1,769(1)	A	$0	10,025	D
Common Stock	10/13/2025		M		870(2)	A	$0	10,895	D
Common Stock	10/13/2025		F		1,040	D	$231.47	9,855	D
Common Stock	10/13/2025		S		1,600	D	$233.234(3)	8,255	D
Common Stock	10/14/2025		A		797(4)	A	$0	9,052	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
Conditional Share Award	(2)	10/13/2025		M			870	(2)	(2)	Common Stock	870	$0	0	D
Stock Options (Right to Buy)	$235	10/14/2025		A		1,632		(5)	10/14/2035	Common Stock	1,632	$0	1,632	D

Explanation of Responses:

1. The Common Stock was received in settlement of an October 13, 2022 grant under the Ferguson Enterprises Inc. Performance Ordinary Share Plan 2019, pursuant to certification of performance on September 10, 2025 by the Compensation Committee.

2. The Common Stock was received in settlement of a Conditional Share Award that vested on October 13, 2025.

3. The reported price represents the volume-weighted average price (VWAP) of shares sold on the New York Stock Exchange. Sale prices for the reported transaction reported ranged between $233.221 and $233.460. Full information regarding the number of shares of Common Stock sold at each separate price in the range will be provided to the SEC, the Issuer or its shareholders upon request.

4. 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 October 14, 2026 (the Vesting Dates), subject to the Reporting Person's continued service through the Vesting Dates or retirement, if eligible.

5. 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 October 14, 2026, (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	10/15/2025
	** 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).
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FAQ

What insider transactions did FERG report?

The Senior VP – Waterworks acquired 1,769 shares from a performance award and 870 shares from a conditional award, sold 1,600 shares at $233.234 VWAP, and had 1,040 shares disposed at $231.47.

How many FERG shares does the officer own after these trades?

The officer beneficially owned 9,052 shares directly after the reported transactions.

What new equity awards did the FERG officer receive?

On 10/14/2025, the officer received 797 RSUs and 1,632 stock options with a $235 exercise price, expiring 10/14/2035.

What are the vesting terms for the new FERG awards?

The RSUs and options vest in three equal annual installments beginning 10/14/2026, subject to continued service or eligible retirement.

What prices were involved in the FERG share dispositions?

Dispositions included 1,040 shares at $231.47 and a sale of 1,600 shares at a $233.234 VWAP on the NYSE.

Which awards vested to deliver the acquired FERG shares?

A 2022 performance award delivered 1,769 shares, and a conditional share award vesting delivered 870 shares on 10/13/2025.