Ferguson (NYSE: FERG) director adds RSU dividend shares
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 director Richard Beckwitt reported receiving 2 shares of Common Stock on a grant/award basis. These shares were issued as dividend equivalents that accrued when his Restricted Stock Units vested, rather than through an open-market purchase. Following this award, he directly holds 4,067 Ferguson common shares.
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 | 2 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,067 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2 shares
Price per share: $0.0000
Post-transaction holdings: 4,067 shares
3 metrics
Shares granted
2 shares
Common Stock grant as dividend equivalents on RSU vesting
Price per share
$0.0000
Reported transaction price for granted Common Stock
Post-transaction holdings
4,067 shares
Common Stock directly held by Richard Beckwitt after grant
Key Terms
dividend equivalents, Restricted Stock Units, Grant, award, or other acquisition
3 terms
dividend equivalents financial
"Represents Common Stock received as dividend equivalents upon vesting of Restricted Stock Units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Restricted Stock Units financial
"Represents Common Stock received as dividend equivalents upon vesting of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Ferguson (FERG) disclose for Richard Beckwitt?
Ferguson disclosed that director Richard Beckwitt acquired 2 shares of Common Stock. The shares were granted as dividend equivalents tied to vested Restricted Stock Units, increasing his direct holdings to 4,067 shares after the transaction.
Was the Ferguson (FERG) insider transaction an open-market buy or a grant?
The transaction was a grant, not an open-market buy. Richard Beckwitt received 2 shares of Common Stock as dividend equivalents upon vesting of Restricted Stock Units, with a reported price per share of $0.0000 in the Form 4 filing.
What does ‘dividend equivalents upon vesting of Restricted Stock Units’ mean for Ferguson (FERG)?
Dividend equivalents are additional shares or units granted to mirror dividends on unvested Restricted Stock Units. For Ferguson, Richard Beckwitt received 2 Common Stock shares as such dividend equivalents when his RSUs vested, as described in the Form 4 footnote.
Does the Ferguson (FERG) Form 4 show any stock sales by Richard Beckwitt?
No stock sales are shown in this Form 4. The filing reports only an acquisition coded as a grant or award, where Richard Beckwitt received 2 Common Stock shares as dividend equivalents related to vested Restricted Stock Units.