Ferguson Enterprises CEO Kevin Murphy Sells $2.44M via 10b5-1 Plan Following Equity Vesting

Insider Filing Overview

On October 14, 2026, Kevin Michael Murphy, President and Chief Executive Officer and Director of Ferguson Enterprises Inc. /DE/ (NYSE: FERG), reported several transactions executed on October 12, 2026.

Key Transaction Details:

1. Equity Award Vesting & Settlements:

   • 17,829 shares of Common Stock acquired at $0 per share upon the settlement of 2019 Long Term Incentive Plan conditional share awards (including 886 dividend equivalent shares).
   • 418 shares of Common Stock acquired at $0 per share as dividend equivalents upon vesting of Restricted Stock Units.
   • 3,608 shares of Common Stock acquired at $0 per share upon settlement of Performance-based Restricted Stock Units (PSUs) granted under the 2023 Omnibus Equity Incentive Plan (including 153 dividend equivalent shares).
   • Total shares acquired via vesting: 21,855 shares.

2. Tax Withholding (Code F):

   • 14,232 shares withheld at $220.04 per share to cover withholding tax obligations arising from the award vestings, totaling approximately $3,131,609.28.

3. Open Market Sale (Code S):

   • 11,259 shares sold at a volume-weighted average price of $216.78 (range: $216.32 to $217.09) for a total consideration of $2,440,726.02.
   • The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on June 5, 2026.

Net Impact on Holdings:

• Following these transactions, Murphy directly owns 173,863 shares of Ferguson Enterprises Inc. Common Stock.
• The net change in beneficial ownership across all reported transactions was a modest reduction of 3,636 shares (-2.05% relative to pre-transaction holdings).

Market Significance:

• Rating: Medium. While the sale value exceeds $2.4M, it was conducted under a Rule 10b5-1 trading plan adopted months prior and coincided with substantial equity award vestings and standard tax withholdings, reflecting programmed liquidity rather than a discretionary market-timing exit.