[Form 4] Ferguson Enterprises Inc. /DE/ Insider Trading Activity

Rhea-AI Filing Summary

Ferguson Enterprises director James S. Metcalf reported three small acquisitions of common stock in late April and early May. These entries reflect exempt dividend reinvestment transactions and dividend-equivalent shares received when Restricted Stock Units vested, rather than open-market purchases.

After these awards, Metcalf directly holds about 6,201.9821 shares of Ferguson common stock. The transactions are routine compensation- and dividend-related adjustments to his equity position, not discretionary buying or selling in the market.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider METCALF JAMES S

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	14.485	$266.81	$4K
Grant/Award	Common Stock	2	$0.00	--
Grant/Award	Common Stock	5.249	$255.47	$1K

Holdings After Transaction: Common Stock — 6,201.982 shares (Direct, null)

Footnotes (1)

1. These shares were acquired through exempt dividend reinvestment transactions and are being voluntarily reported. Represents Common Stock received as dividend equivalents upon vesting of Restricted Stock Units.

Key Figures

Shares acquired 2026-05-01: 14.4854 shares at $266.8100 Shares acquired 2026-04-30: 2.0000 shares at $0.0000 Shares acquired 2026-04-29: 5.2490 shares at $255.4700 +2 more

5 metrics

Shares acquired 2026-05-01 14.4854 shares at $266.8100 Common Stock grant/award acquisition

Shares acquired 2026-04-30 2.0000 shares at $0.0000 Common Stock grant/award acquisition

Shares acquired 2026-04-29 5.2490 shares at $255.4700 Common Stock grant/award acquisition

Holdings after latest transaction 6,201.9821 shares Direct Ferguson common stock held by Metcalf

Acquisition transactions 3 transactions All coded as A (grant, award, or other acquisition)

Key Terms

dividend reinvestment transactions, dividend equivalents, Restricted Stock Units, grant, award, or other acquisition

4 terms

dividend reinvestment transactions financial

"These shares were acquired through exempt dividend reinvestment transactions"

dividend equivalents financial

"Represents Common Stock received as dividend equivalents upon vesting"

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

"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 regulatory

"transaction code A described as Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

METCALF JAMES S

(Last) (First) (Middle)

C/O FERGUSON ENTERPRISES INC.

751 LAKEFRONT COMMONS

(Street)

NEWPORT NEWS VIRGINIA 23606

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/29/2026		A(1)	V	5.249	A	$255.47	6,185.4967	D
Common Stock	04/30/2026		A	V	2(2)	A	$0	6,187.4967	D
Common Stock	05/01/2026		A(1)	V	14.4854	A	$266.81	6,201.9821	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

Explanation of Responses:

1. These shares were acquired through exempt dividend reinvestment transactions and are being voluntarily reported.

2. Represents Common Stock received as dividend equivalents upon vesting of Restricted Stock Units.

Remarks:

	/s/ Ian Graham by Power of Attorney	05/04/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)