Murphy Kevin Michael 4
4 · Ferguson Enterprises Inc. /DE/ · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Ferguson CEO Kevin Murphy Receives RSUs and Stock Options
What Happened
Kevin Michael Murphy, President & Chief Executive Officer of Ferguson Enterprises (FERG), received equity awards on 2026-03-12: 13,923 Restricted Stock Units (RSUs) and 28,582 stock options. Both awards were reported as grants (transaction code A) with a reported price of $0 (company compensation awards), not purchases or sales.
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-13 (timely).
- Awards: 13,923 RSUs and 28,582 stock options; reported price $0 (awarded, not bought).
- Vesting: Both awards vest in three equal annual installments beginning March 12, 2027, subject to continued service or retirement eligibility (granted under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan).
- Derivative: The 28,582 units are stock options (derivative securities), not exercised—these give the right to acquire shares in the future if exercised.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
These grants are standard executive compensation—an award that vests over time rather than an immediate purchase or sale. Because the options were granted (not exercised) and RSUs will convert to shares only after vesting, there was no immediate change in Mr. Murphy’s liquid stock holdings or cash proceeds. Such awards are common for retaining and incentivizing executives and should be interpreted as compensation rather than a direct buy or sell signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-12+13,923→ 177,431 total - Award
Stock Options (Right to Buy)
[F2]2026-03-12+28,582→ 28,582 totalExercise: $231.63Exp: 2036-03-12→ Common Stock (28,582 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.