Ferguson Enterprises Inc. (“Company”): Director/PDMR Shareholding

Rhea-AI Summary

Ferguson Enterprises (ISIN: US31488V1070) has announced significant insider stock option grants under its Employee Share Purchase Plan 2021. Key executives including CEO Kevin Murphy, CFO William Brundage, and other senior leaders have each been granted 68 share options at $132.276 per share, or 85% of the NYSE closing price at exercise (whichever is lower).

The transaction date is set for April 4, 2025, with each executive's grant valued at approximately $8,994.768. The options have flexible terms, allowing for up to 100 shares based on savings amounts and stock price at exercise. Notable recipients include COO William Thees, Chief Strategy Officer Jake Schlicher, and CHRO Allison Stirrup, among others.

NEWPORT NEWS, Va.--(BUSINESS WIRE)-- NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN COMMON STOCK OF PAR VALUE $0.0001 EACH IN THE COMPANY (“Shares”)

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018), provide further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Murphy
2	Reason for the notification
a)	Position/status	President & Chief Executive Officer
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	William Brundage
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Jacobs
2	Reason for the notification
a)	Position/status	Senior Vice President
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jake Schlicher
2	Reason for the notification
a)	Position/status	Chief Strategy Officer
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Allison Stirrup
2	Reason for the notification
a)	Position/status	Chief Human Resources Officer
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matthew Stirrup
2	Reason for the notification
a)	Position/status	This notification concerns a person closely associated with a person discharging managerial responsibilities. The relevant person discharging managerial responsibilities being Allison Stirrup, Chief Human Resources Officer
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	William Thees
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Williams
2	Reason for the notification
a)	Position/status	Senior Vice President
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson Enterprises Inc.
b)	LEI	2138003JYQMRP3SLX189
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common stock of par value $0.0001 per share     ISIN: US31488V1070
b)	Nature of the transaction	The grant of share options under the Ferguson Enterprises Inc. Employee Share Purchase Plan 2021
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$132.276   or, if lower, eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise     USD - United States Dollar	68   or, if higher, such volume (subject to a maximum of 100) that can be acquired for the total amount of savings using an exercise price at eighty-five percent (85%) of the closing price of a share of the Company’s common stock on the New York Stock Exchange on the date of exercise
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $8,994.768   assuming price and volume as at the date of grant
e)	Date of the transaction	2025-04-04; UTC time
f)	Place of the transaction	Outside a Trading Venue

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20250408366514/en/

Investor Inquiries:

Brian Lantz, Vice President IR and Communications +1 224 285 2410

Pete Kennedy, Director of Investor Relations +1 757 603 0111

Media Inquiries:

Christine Dwyer, Senior Director Communications and Public Relations +1 757 469 5813

Source: Ferguson Enterprises Inc.

FAQ

What is the price per share for FERG stock options granted in the 2021 Employee Share Purchase Plan?

The options are priced at $132.276 per share, or 85% of NYSE closing price at exercise date, whichever is lower.

How many stock options were granted to each Ferguson executive under the 2025 grant?

Each executive received 68 share options, with potential to acquire up to 100 shares based on savings amount and exercise price.

What is the total value of each FERG executive's stock option grant in April 2025?

Each grant is valued at $8,994.768, assuming initial grant price and volume.

When will the Ferguson Enterprises stock options from the 2021 plan be exercisable?

The transaction date is set for April 4, 2025.

Which key executives received FERG stock options in this grant?

Recipients include CEO Kevin Murphy, CFO William Brundage, COO William Thees, CSO Jake Schlicher, CHRO Allison Stirrup, and other senior leaders.