Ferguson Enterprises Inc. (“Company”): Director/PDMR Shareholding
Ferguson Enterprises announced significant insider transactions on December 11, 2024. The company issued restricted stock units to nine Non-Employee Directors under the 2023 Omnibus Equity Incentive Plan, with most directors receiving 923 units each, while G Drabble and B May received 904 units each. These awards have no performance conditions and will vest at the next annual stockholders meeting, subject to continued service.
Additionally, Non-Employee Director Rick Beckwitt purchased 2,500 shares of common stock at prices ranging from $193.66 to $193.70 per share, for a total investment of $484,231.00. The transactions were reported in accordance with EU Market Abuse Regulation requirements.
Ferguson Enterprises ha annunciato significative transazioni di insider l'11 dicembre 2024. L'azienda ha emesso unità azionarie ristrette a nove Direttori Non Dipendenti nell'ambito del Piano di Incentivazione Azionaria Omnibus 2023, con la maggior parte dei direttori che ha ricevuto 923 unità ciascuno, mentre G Drabble e B May hanno ricevuto 904 unità ciascuno. Questi premi non hanno condizioni di performance e si consolidano durante la prossima assemblea annuale degli azionisti, a condizione di mantenere il servizio.
Inoltre, il Direttore Non Dipendente Rick Beckwitt ha acquistato 2.500 azioni ordinarie a prezzi compresi tra 193,66 e 193,70 dollari per azione, per un investimento totale di 484.231,00 dollari. Le transazioni sono state riportate in conformità ai requisiti del Regolamento UE in materia di abuso di mercato.
Ferguson Enterprises anunció transacciones internas significativas el 11 de diciembre de 2024. La empresa emitió unidades de acciones restringidas a nueve Directores No Empleados bajo el Plan de Incentivos de Acciones Omnibus 2023, siendo la mayoría de los directores quienes recibieron 923 unidades cada uno, mientras que G Drabble y B May recibieron 904 unidades cada uno. Estos premios no tienen condiciones de desempeño y se consolidarán en la próxima reunión anual de accionistas, sujeto a la continuación del servicio.
Además, el Director No Empleado Rick Beckwitt compró 2,500 acciones ordinarias a precios que varían de 193.66 a 193.70 dólares por acción, para una inversión total de 484,231.00 dólares. Las transacciones se informaron de acuerdo con los requisitos del Reglamento de Abuso de Mercado de la UE.
퍼거슨 엔터프라이즈는 2024년 12월 11일에 중요한 내부 거래를 발표했습니다. 이 회사는 2023년 포괄적 주식 인센티브 계획에 따라 아홉 명의 비직원 이사에게 제한 주식 단위를 발행했으며, 대부분의 이사가 각각 923주를 받았고, G 드래블과 B 메이는 각각 904주를 받았습니다. 이러한 보상은 성과 조건이 없으며, 지속적인 서비스 조건부로 다음 연차 주주 총회에서 확정됩니다.
또한, 비직원 이사 릭 벡위트는 주당 193.66달러에서 193.70달러 사이의 가격으로 2,500주의 보통주를 구매하여 총 484,231.00달러를 투자했습니다. 이 거래는 EU 시장 남용 규정의 요구 사항에 따라 보고되었습니다.
Ferguson Enterprises a annoncé d'importantes transactions internes le 11 décembre 2024. L'entreprise a émis unités d'actions restreintes à neuf Directeurs Non-Employés dans le cadre du Plan d'Incitation par Actions Omnibus 2023, la plupart des directeurs recevant chacun 923 unités, tandis que G Drabble et B May ont reçu chacun 904 unités. Ces attributions n'ont pas de conditions de performance et seront acquises lors de la prochaine assemblée annuelle des actionnaires, sous réserve d'un service continu.
De plus, le Directeur Non-Employé Rick Beckwitt a acheté 2 500 actions ordinaires à des prix allant de 193,66 à 193,70 dollars par action, pour un investissement total de 484 231,00 dollars. Les transactions ont été rapportées conformément aux exigences de la Réglementation Européenne sur les Abus de Marché.
Ferguson Enterprises gab am 11. Dezember 2024 bedeutende Insider-Transaktionen bekannt. Das Unternehmen stellte neun Nicht-Mitarbeiter-Direktoren im Rahmen des Omnibus-Aktienoptionsplans 2023 eingeschränkte Aktieneinheiten aus, wobei die meisten Direktoren jeweils 923 Einheiten erhielten, während G Drabble und B May jeweils 904 Einheiten erhielten. Diese Auszeichnungen haben keine Leistungsbedingungen und werden auf der nächsten jährlichen Hauptversammlung der Aktionäre fällig, sofern der Dienst fortgesetzt wird.
Darüber hinaus kaufte der Nicht-Mitarbeiter-Direktor Rick Beckwitt 2.500 Stammaktien zu Preisen zwischen 193,66 und 193,70 Dollar pro Aktie, für eine Gesamtinvestition von 484.231,00 Dollar. Die Transaktionen wurden gemäß den Anforderungen der EU-Verordnung über Marktmissbrauch gemeldet.
- Director Rick Beckwitt shows confidence in company through $484,231 personal stock purchase
- Implementation of equity incentive plan aligns director interests with shareholders
- None.
Insights
A notable insider transaction has emerged at Ferguson Enterprises, with Non-Employee Director Rick Beckwitt purchasing
The substantial share purchase by Beckwitt signals confidence in Ferguson's future prospects. At current market prices, this represents a significant personal investment. The restricted stock unit grants, while part of standard board compensation, help align director interests with shareholders through equity ownership. The immediate vesting schedule at the next annual meeting suggests a focus on short-term retention and alignment.
Award of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan (“Omnibus Plan”)
On December 11, 2024, the Company issued restricted stock units to nine Non-Employee Directors under the Omnibus Plan as set out in the table below:
Non-Employee Director |
Number of Restricted Stock Units |
|
|
|
|
G Drabble |
904 |
|
R Agrawal |
923 |
|
K Baker |
923 |
|
R Beckwitt |
923 |
|
C Halligan |
923 |
|
B May |
904 |
|
J Metcalf |
923 |
|
A Murray |
923 |
|
S Wood |
923 |
No consideration is payable at allocation or on vesting. The awards have no performance conditions and will vest, subject to continued service to the Company, at the next annual meeting of stockholders.
Non-Employee Director share purchase
On December 11, 2024 Rick Beckwitt, a Non-Employee Director purchased 2,500 shares of common stock of the Company.
The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Geoff Drabble |
2 |
Reason for the notification |
|
a) |
Position/status |
Board Chair |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
GBP – British Pound |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Rekha Agrawal |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Kelly Baker |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Richard Beckwitt |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Richard Beckwitt |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The purchase of common stock of par value |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
2,500
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
New York Stock Exchange |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Catherine Halligan |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Brian May |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
GBP – British Pound |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
James S. Metcalf |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time
|
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Alan Murray |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
No applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time
|
f) |
Place of the transaction |
Outside a Trading Venue
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Suzanne Wood |
2 |
Reason for the notification |
|
a) |
Position/status |
Non-Employee Director |
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
ISIN: US31488V1070 |
b) |
Nature of the transaction |
A grant of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan |
c) |
Price(s) and volume(s) |
Price(s) Volume(s)
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
|
e) |
Date of the transaction |
2024-12-11; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
View source version on businesswire.com: https://www.businesswire.com/news/home/20241216415669/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
How many restricted stock units did Ferguson (FERG) issue to its Non-Employee Directors in December 2024?
What was the value of Rick Beckwitt's FERG stock purchase on December 11, 2024?
What are the vesting conditions for FERG's 2024 restricted stock unit grants?
When will the FERG restricted stock units granted in December 2024 vest?
