Ferguson (FERG) director receives 751-share RSU grant under 2023 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BECKWITT RICHARD reported acquisition or exercise transactions in this Form 4 filing.
Ferguson Enterprises Inc. director Richard Beckwitt received an award of 751 shares of Common Stock in the form of Restricted Stock Units. These RSUs were granted at $0.00 per share under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. After this grant, Beckwitt directly owns 4,818 shares of Ferguson common stock. The RSUs vest on the date of the company’s next annual meeting of stockholders, subject to his continued service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BECKWITT RICHARD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 751 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,818 shares (Direct, null)
Footnotes (1)
- 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. The reported securities represent Restricted Stock Units ("RSUs") which were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan.
Key Figures
RSU grant size: 751 shares
Grant price: $0.00 per share
Post-grant holdings: 4,818 shares
3 metrics
RSU grant size
751 shares
Restricted Stock Units granted to director on 2026-05-06
Grant price
$0.00 per share
Equity award, non-cash compensation
Post-grant holdings
4,818 shares
Total Ferguson common shares directly held by Beckwitt after grant
Key Terms
Restricted Stock Units ("RSUs"), 2023 Omnibus Equity Incentive Plan, vesting date
3 terms
Restricted Stock Units ("RSUs") financial
"The reported securities represent Restricted Stock Units ("RSUs") which were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2023 Omnibus Equity Incentive Plan financial
"The reported securities represent Restricted Stock Units ("RSUs") which were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan."
vesting date financial
"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."
FAQ
What insider transaction did Ferguson (FERG) report for Richard Beckwitt?
Ferguson reported that director Richard Beckwitt received a grant of 751 Restricted Stock Units of common stock. The RSUs were awarded as equity compensation and carry no cash purchase price for the director.
What are the vesting terms of Richard Beckwitt’s new Ferguson RSUs?
The 751 RSUs granted to Richard Beckwitt vest on the date of Ferguson’s next annual meeting of stockholders. Vesting is conditioned on his continued service as of that meeting date, according to the footnotes.
Under which plan were the Ferguson (FERG) RSUs granted to Richard Beckwitt?
The reported Restricted Stock Units were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. This plan provides equity-based compensation, such as RSUs, to eligible participants including directors.
Did Richard Beckwitt buy or sell Ferguson (FERG) stock for cash in this Form 4?
No cash stock purchase or sale is reported. The filing shows a grant of 751 RSUs at $0.00 per share, reflecting compensation in equity rather than an open-market buy or sell transaction.