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The latest announcement is out from Ferguson PLC ( (FERG) ).
Ferguson Enterprises Inc. announced the vesting of shares under its Long Term Incentive Plan and other equity incentive plans, resulting in the release of shares for nil consideration. Following these vestings, key managerial personnel sold shares, and new awards were granted under the 2023 Omnibus Equity Incentive Plan. This activity reflects the company’s ongoing efforts to align management incentives with shareholder interests, potentially impacting its market positioning and stakeholder relations.
More about Ferguson PLC
Ferguson Enterprises Inc. operates in the industrial and construction sector, focusing on providing plumbing and heating products. The company is known for its comprehensive range of building supplies and services, catering primarily to professional contractors and industrial customers.
Find detailed analytics on FERG stock on TipRanks’ Stock Analysis page.