Ferguson (FERG) CFO receives new RSU and stock option grants

Rhea-AI Filing Summary

Ferguson Enterprises Inc. reported that Chief Financial Officer William Brundage received new equity compensation awards. He was granted 4,015 shares of Common Stock in the form of Restricted Stock Units and 8,242 Stock Options with an exercise price of $231.63 per share, expiring on March 12, 2036.

Both the RSUs and options vest in three equal annual installments beginning on March 12, 2027, subject to his continued service or eligible retirement. Following the grants, he holds 57,651 shares of Common Stock directly, along with 8,242 options, reflecting routine incentive-based awards rather than open-market purchases or sales.

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
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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).

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^*

Brundage William

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial 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		4,015(1)	A	$0	57,651	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		8,242		(2)	03/12/2036	Common Stock	8,242	$0	8,242	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).
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FAQ

What insider transactions did Ferguson (FERG) report for CFO William Brundage?

Ferguson reported equity compensation grants to CFO William Brundage. He received 4,015 Restricted Stock Units and 8,242 Stock Options, all awarded at no cost, as part of the company’s 2023 Omnibus Equity Incentive Plan for long-term incentive compensation.

Are the Ferguson (FERG) CFO’s new shares open-market purchases or grants?

The new Ferguson CFO holdings come from grants, not open-market purchases. Both the 4,015 Common Stock units and 8,242 Stock Options were awarded under the 2023 Omnibus Equity Incentive Plan as compensation, with no cash paid per share in these reported transactions.

When do the Ferguson (FERG) CFO’s RSUs and options from this Form 4 vest?

The grants vest over three years starting in 2027. Both the 4,015 Restricted Stock Units and 8,242 Stock Options vest in three equal annual installments beginning March 12, 2027, subject to continued service or eligible retirement under the plan’s terms.

What is the exercise price and expiration for the Ferguson (FERG) CFO’s new options?

The new Stock Options have an exercise price of $231.63 per share. They were granted on March 12, 2026 and expire on March 12, 2036, providing a ten-year window for potential exercise, assuming vesting and continued service conditions are met.

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

After the reported grants, the CFO directly holds 57,651 shares of Ferguson Common Stock. In addition, he now holds 8,242 Stock Options linked to the same Common Stock, reflecting increased equity-based alignment with shareholders through incentive compensation awards.

What plan governs the Ferguson (FERG) CFO’s new RSU and option awards?

Both awards were granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. This plan authorizes equity-based compensation, including Restricted Stock Units and Stock Options, and ties vesting to continued service or eligible retirement for senior executives like the CFO.