Brundage William 4
4 · Ferguson Enterprises Inc. /DE/ · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Ferguson (FERG) CFO William Brundage Receives Equity Award
What Happened William Brundage, Chief Financial Officer of Ferguson Enterprises, was awarded equity on March 12, 2026. The filing reports 4,015 Restricted Stock Units (RSUs) and 8,242 stock options granted (transaction code A). The grants show an acquisition price of $0.00, reflecting that these are awards rather than cash purchases; no exercise price for the options is shown in the provided excerpt.
Key Details
- Transaction date: 2026-03-12; Form 4 filed: 2026-03-13 (timely filing).
- Awards: 4,015 RSUs (acquired @ $0.00) and 8,242 stock options (derivative grant @ $0.00).
- Vesting: Both grants vest in three equal annual installments beginning March 12, 2027, subject to continued service or eligible retirement (see footnotes F1 and F2).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Transaction code: A = award/grant. No indication of a 10b5-1 plan, tax withholding, cashless exercise, or sale in this filing.
Context These entries are grants of equity compensation (RSUs and stock options) under Ferguson’s 2023 Omnibus Equity Incentive Plan. RSUs convert into common shares on vesting; the stock options represent the right to acquire shares subject to their vesting schedule and any exercise price/terms not shown here. Awards are common for executive compensation and do not by themselves indicate a buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-12+4,015→ 57,651 total - Award
Stock Options (Right to Buy)
[F2]2026-03-12+8,242→ 8,242 totalExercise: $231.63Exp: 2036-03-12→ Common Stock (8,242 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.