Ferguson (FERG) director awarded 751 RSUs, boosting holdings to 2,318 shares
Rhea-AI Filing Summary
Agrawal Rekha reported acquisition or exercise transactions in this Form 4 filing.
Ferguson Enterprises Inc. (FERG) director Rekha Agrawal received an equity grant of 751 shares of common stock in the form of restricted stock units (RSUs). The award was granted at no cash cost per share and increases her direct holdings to 2,318 shares.
The RSUs were issued under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan and are scheduled to vest on the date of the company’s next annual meeting of stockholders, contingent on her continued service through that date.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to Ferguson director, modest size and compensation-related.
Director Rekha Agrawal was granted 751 RSUs of Ferguson Enterprises Inc. common stock at a grant price of $0.00 per share. This is a standard equity compensation award under the company’s 2023 Omnibus Equity Incentive Plan, not an open-market purchase.
The RSUs vest at the next annual meeting of stockholders, conditional on her continued service through that date. After this grant, her direct holdings total 2,318 shares, indicating a relatively small but increasing equity stake aligned with shareholder interests through equity-based pay.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 751 | $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
2023 Omnibus Equity Incentive Plan financial
vesting date financial
transaction code "A" regulatory
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