Ferguson Enterprises SVP - Waterworks Sells $345K in Shares Under 10b5-1 Plan

Executive Summary

On October 14, 2026, Robert Anthony Camposano Jr., Senior VP - Waterworks at Ferguson Enterprises Inc. (FERG), reported multiple transactions that occurred on October 12, 2026. The net activity included the vesting and settlement of equity awards, associated tax withholding, and an open market sale conducted under a Rule 10b5-1 trading plan.

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Transaction Breakdown

1. Equity Award Settlements:

   • Conditional Share Award Settlement (Code M): Acquired 856 shares of Common Stock at $0.00 upon vesting of derivative conditional share awards.
   • Performance Share Plan Settlement (Code A): Received 1,717 shares of Common Stock at $0.00 following performance certification under the Ferguson Enterprises Inc. Performance Ordinary Share Plan 2019.

2. Dispositions:

   • Tax Withholding (Code F): 993 shares were withheld by the issuer at $220.04 per share (total value: ~$218,500) to satisfy tax liabilities arising from award vestings.
   • Rule 10b5-1 Sale (Code S): Sold 1,580 shares on the open market at an average price of $218.74 per share, generating approximately $345,609 in gross proceeds.

3. Post-Transaction Holdings:

   • Following all transactions, Mr. Camposano retains direct ownership of 10,952 shares of Ferguson Enterprises Common Stock.

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Governance & Market Significance

• 10b5-1 Plan Execution: The open market sale was executed under a Rule 10b5-1 trading arrangement established on June 10, 2026, adhering to the required cooling-off period and indicating the sale was predetermined rather than opportunistic.
• Significance Assessment: Low. The activity consists of standard executive compensation settlement, tax-related share withholding, and a modest, pre-scheduled sale relative to total share capital and ongoing insider ownership.