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”)
Vesting of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan (“Omnibus Plan”)
Non-Employee Director |
No. of Shares vesting |
No. of dividend equivalent Shares accrued |
Total no. of Shares vesting after any withholding for tax |
G Drabble |
675 |
10 |
414 |
R Agrawal |
295 |
1 |
296 |
K Baker |
707 |
10 |
555 |
R Beckwitt |
295 |
1 |
296 |
C Halligan |
707 |
10 |
556 |
B May |
675 |
10 |
685 |
J Metcalf |
707 |
10 |
557 |
A Murray |
707 |
10 |
717 |
T Schmitt* |
707 |
10 |
547 |
N Shouraboura* |
707 |
10 |
556 |
S Wood |
707 |
10 |
555 |
*Thomas Schmitt and Nadia Shouraboura stepped down as Non-Employee Directors at the 2024 Annual Meeting held on December 5, 2024 |
Rekha Agrawal and Richard Beckwitt received restricted stock unit grants under the Omnibus Plan on September 19, 2024, following their appointments as Non-Employee Directors. Grants to the other Non-Employee Directors were made on March 7, 2024, to replace the cancelled restricted stock units originally granted under the Non-Employee Director Incentive Plan 2022 on October 12, 2023. All the awards automatically vested on December 5, 2024. The restricted stock units were subject to a dividend equivalent accrual. All Shares were released for nil consideration.
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 |
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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting and after withholding for tax) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) £0.00 414
GBP – British Pound |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 |
e) |
Date of the transaction |
2024-12-05; 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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in September 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 296
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; 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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting and after withholding for tax) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 555
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; 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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in September 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 296
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting and after withholding for tax) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 556
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; 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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) £0.00 685
GBP – British Pound |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 |
e) |
Date of the transaction |
2024-12-05; 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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting and after withholding for tax) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 557
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; 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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 717
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
No applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; UTC time
|
f) |
Place of the transaction |
Outside a Trading Venue
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Thomas Schmitt |
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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting and after withholding for tax) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 547
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Nadia Shouraboura |
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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting and after withholding for tax) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 556
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; 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 $0.0001 per share
ISIN: US31488V1070 |
b) |
Nature of the transaction |
The automatic vesting of restricted stock units granted in March 2024 under the Omnibus Plan (including dividend equivalents arising from the vesting and after withholding for tax) |
c) |
Price(s) and volume(s) |
Price(s) Volume(s) $0.00 555
USD - United States Dollar |
d) |
Aggregated information
- Aggregated volume
- Price |
Not applicable
$0.00 |
e) |
Date of the transaction |
2024-12-05; UTC time |
f) |
Place of the transaction |
Outside a Trading Venue |