Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-07-07

AZZ Inc (AZZ)

Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,513,156
Thomas Ferguson total, FY2026
33rd
CEO pay percentile vs peers
CEO-to-median pay ratio
96.39%
Say-on-pay support, latest vote
Companies that benchmark against AZZ
1 company names AZZ as a compensation peer

Each company listed discloses AZZ in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AZZ in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Thomas Ferguson$1,000,746$0$2,940,029$0$1,477,001$0$95,380$5,513,156
President & Chief Executive Officer
Bryan Stovall487,4270501,4080620,865025,4981,635,198
Chief Operating Officer – Metal Coatings
Jason Crawford465,0000496,7430562,985062,7571,587,485
Senior Vice President & Chief Financial Officer
Tara Mackey445,3280475,6900471,77209,8881,402,678
Chief Legal Officer & Secretary
Jeff Vellines435,0000461,6890331,814045,6911,274,195
President & Chief Operating Officer – Precoat Metals
Kurt Russell305,2060506,6920360,363088,2111,260,472
Former Chief Operating Officer – Precoat Metals

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
Thomas Ferguson$5,513,156$5,407,269$4,380,976+105,887
Bryan Stovall1,635,1981,635,1981,635,198+0
Jason Crawford1,587,4851,945,523−358,038
Tara Mackey1,402,6781,322,3971,172,408+80,281
Jeff Vellines1,274,195
Kurt Russell1,260,4721,525,3351,474,047−264,863

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jason CrawfordRSU2025-04-242,820$238,910
Jason CrawfordPSU2025-04-24562,8205,640257,833
Thomas FergusonRSU2025-04-2416,6911,414,062
Thomas FergusonPSU2025-04-2433416,69033,3801,525,967
Tara MackeyPSU2025-04-24542,7005,400246,861
Tara MackeyRSU2025-04-242,701228,829
Kurt RussellRSU2025-04-242,877243,739
Kurt RussellPSU2025-04-24582,8765,752262,953
Bryan StovallRSU2025-04-242,847241,198
Bryan StovallPSU2025-04-24572,8465,692260,210
Jeff VellinesPSU2025-04-24522,6215,242239,638
Jeff VellinesRSU2025-04-242,621222,051
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jason Crawford$238,910$257,833$051.9%
Thomas Ferguson1,414,0621,525,967051.9%
Tara Mackey228,829246,861051.9%
Kurt Russell243,739262,953051.9%
Bryan Stovall241,198260,210051.9%
Jeff Vellines222,051239,638051.9%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Bryan StovallPSU3,128$425,345
Jason CrawfordRSU6,232847,427
Thomas FergusonRSU50,2416,831,771
Jeff VellinesRSU959130,405
Thomas FergusonPSU17,4762,376,386
Thomas FergusonRSU16,8102,285,824
Thomas FergusonPSU16,8092,285,688
Thomas FergusonRSU11,6511,584,303
Bryan StovallRSU10,6831,452,674
Tara MackeyRSU9,8401,338,043
Thomas FergusonRSU9,2071,251,968
Bryan StovallRSU9,1171,239,730
Kurt RussellRSU8,9051,210,902
Jeff VellinesRSU5,235711,855
Jason CrawfordPSU2,952401,413
Bryan StovallRSU2,867389,855
Bryan StovallPSU2,866389,719
Jason CrawfordRSU2,840386,183
Jason CrawfordPSU2,840386,183
Tara MackeyPSU2,827384,415
Tara MackeyRSU2,720369,866
Tara MackeyPSU2,719369,730
Jeff VellinesRSU2,639358,851
Jeff VellinesPSU2,639358,851
Jeff VellinesPSU2,230303,235
Kurt RussellRSU2,088283,926
Bryan StovallRSU2,086283,654
Kurt RussellRSU2,017274,272
Jason CrawfordRSU1,968267,609
Bryan StovallRSU1,957266,113
Tara MackeyRSU1,885256,322
Jason CrawfordRSU1,823247,892
Tara MackeyRSU1,803245,172
Kurt RussellPSU1,498203,698
Jeff VellinesRSU1,487202,202
Jeff VellinesRSU1,451197,307
Jason CrawfordRSU1,142155,289
05

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to attract, motivate, and retain high-performing leaders by emphasizing pay-for-performance and aligning the long-term interests of executives with those of shareholders. The program rewards the achievement of clearly established annual, short-term, long-term, and strategic goals through a mix of cash and equity-based incentives tied to pre-established performance metrics.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-07-0725,750,305963,38234,97996.39%Passed
20252025-07-0826,367,338492,12696,11998.17%Passed
20242024-07-0926,280,260348,00418,99298.69%Passed
20232023-07-1125,498,673638,97816,99997.56%Passed
20222022-07-1221,370,960359,67032,19798.34%Passed
20212021-07-1321,788,016450,41420,40697.97%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-07-0796.39%a
20252025-07-0898.17%b
20242024-07-0998.69%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Daniel E. BerceIndependent · Board Chair · Audit Committee · Compensation Committee$114,000$124,995$238,995
Ed McGoughIndependent · Compensation Committee (Chair) · Audit Committee104,497124,995229,492
Carol R. JacksonIndependent · Compensation Committee · Nominating and Corporate Governance Committee (Chair)98,750124,995223,745
Clive A. GrannumIndependent · Audit Committee · Compensation Committee90,000124,995214,995
Steven R. PurvisIndependent · Audit Committee (Chair) · Nominating and Corporate Governance Committee90,000124,995214,995
Thomas E. FergusonEmployee director0
Aaron SchapperIndependent · Nominating and Corporate Governance · Newly elected
Charles TreadwayIndependent · Compensation · Newly elected
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$125,000
Per board meeting fee$0
Committee chair fees (audit / comp / nom-gov)24,000 / 16,250 / 13,750
Stock ownership guideline$375,000
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$497,247
Equity awards (grant-date value)$624,975
All other compensation$0
Total cost of the board$1,122,222

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies AZZ Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including AZZ Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Element Solutions Inc.2025Benjamin H. Gliklich$1,087,500$23,688,894$0$1,520,947$26,480,462
2Eagle Materials Inc.2026Michael Haack1,119,4565,457,2701,657,8341,948,98710,302,728
3Carpenter Technology Corporation2025Tony Thene1,020,1924,500,08002,698,4088,416,878
4Arcosa, Inc.2025Antonio Carrillo1,000,0005,127,74101,937,5008,092,216
5Apogee Enterprises, Inc.2026Ty Silberhorn627,3082,283,41901,208,5006,075,286
6AZZ Inc2026Thomas Ferguson1,000,7462,940,02901,477,0015,513,156
7Materion Corporation2025Jugal Vijayvargiya982,6932,960,100779,92104,794,902
8Gibraltar Industries, Inc.2025William Bosway908,2693,202,4400274,5004,731,001
9Insteel Industries, Inc.2025H.o. Woltz III750,000562,506562,4891,500,0003,447,259
Quaker Chemical Corporationnot in coverage universe
Kaiser Aluminum Corporationnot in coverage universe
Valmont Industries, Inc.not in coverage universe
Simpson Manufacturing Co., Inc.not in coverage universe
CSW Industrials, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
AZZ Incnot disclosedRSU 50 · PSU 50not disclosedMeridian Compensation Partners, LLC
Apogee Enterprises, Inc.not disclosedRSU 50 · PSU 50NoMeridian Compensation Partners, LLC (current); Willis Towers Watson (through September 2025)
Arcosa, Inc.not disclosednot disclosedYes — rTSRNot disclosed
Carpenter Technology Corporationnot disclosednot disclosednot disclosednot disclosed
CSW Industrials, Inc.not disclosednot disclosednot disclosednot disclosed
Eagle Materials Inc.not disclosedOptions 50 · PSU 25 · RSU 25Yes — Average Absolute Total Stockholder Return (Avg. A-TSR)Meridian Compensation Partners
Element Solutions Inc.126%PSU 67 · RSU 33NoFW Cook
Gibraltar Industries, Inc.25%PSU 64 · RSU 36NoWTW
Insteel Industries, Inc.200%RSU 50 · Options 50not disclosedPearl Meyer & Partners, LLC
Kaiser Aluminum Corporationnot disclosednot disclosednot disclosednot disclosed
Materion Corporationnot disclosedPSU 75NoFrederic W. Cook & Co., Inc.
Quaker Chemical Corporationnot disclosednot disclosednot disclosednot disclosed
Simpson Manufacturing Co., Inc.not disclosednot disclosednot disclosednot disclosed
Valmont Industries, Inc.94.6%not disclosedNonot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Thomas FergusonDEF 14A2026-05-260001104659-26-066068Section “Summary Compensation Table”. As printed: 5,513,156. Filing ↗machine: r1 · c63 · span 1601330–1601339
2Section 01, Bryan StovallDEF 14A2026-05-260001104659-26-066068Section “Summary Compensation Table”. As printed: 1,635,198. Filing ↗
3Section 01, Jason CrawfordDEF 14A2026-05-260001104659-26-066068Section “Summary Compensation Table”. As printed: 1,587,485. Filing ↗machine: r4 · c63 · span 1622468–1622477
4Section 01, Tara MackeyDEF 14A2026-05-260001104659-26-066068Section “Summary Compensation Table”. As printed: 1,402,678. Filing ↗machine: r7 · c63 · span 1644506–1644515
5Section 01, Jeff VellinesDEF 14A2026-05-260001104659-26-066068Section “Summary Compensation Table”. As printed: 1,274,195. Filing ↗machine: r13 · c63 · span 1687690–1687699
6Section 01, Kurt RussellDEF 14A2026-05-260001104659-26-066068Section “Summary Compensation Table”. As printed: 1,260,472. Filing ↗machine: r16 · c63 · span 1708931–1708940
7Section 03, Jason Crawford RSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1844024–1844031
8Section 03, Jason Crawford PSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1852884–1852891
9Section 03, Thomas Ferguson RSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1817636–1817645
10Section 03, Thomas Ferguson PSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1825247–1825256
11Section 03, Tara Mackey PSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1876776–1876783
12Section 03, Tara Mackey RSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1869170–1869177
13Section 03, Kurt Russell RSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1947179–1947186
14Section 03, Kurt Russell PSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1957830–1957837
15Section 03, Bryan Stovall RSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1895550–1895557
16Section 03, Bryan Stovall PSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1904411–1904418
17Section 03, Jeff Vellines PSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1928302–1928309
18Section 03, Jeff Vellines RSUDEF 14A2026-05-260001104659-26-066068Section “Grants of Plan Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: span 1920696–1920703
19Section 08, Daniel E. BerceDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: 238,995. Filing ↗machine: span 827519–827526
20Section 08, Ed McGoughDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: 229,492. Filing ↗machine: span 839033–839040
21Section 08, Carol R. JacksonDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: 223,745. Filing ↗machine: span 836320–836327
22Section 08, Clive A. GrannumDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: 214,995. Filing ↗machine: span 833279–833286
23Section 08, Steven R. PurvisDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: 214,995. Filing ↗machine: span 842610–842617
24Section 08, Thomas E. FergusonDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, Aaron SchapperDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: —. Filing ↗
26Section 08, Charles TreadwayDEF 14A2026-05-260001104659-26-066068Section “Director Compensation”. As printed: —. Filing ↗
27Section 06, 2026 voteForm 8-K2026-07-070000008947-26-000134Item 5.07 · say-on-pay result. As reported: 96.39% (votes for as printed: 25,750,305). Filing ↗
28Section 06, 2025 voteForm 8-K2025-07-080000008947-25-000116Item 5.07 · say-on-pay result. As reported: 98.17% (votes for as printed: 26,367,338). Filing ↗
29Section 06, 2024 voteForm 8-K2024-07-090000008947-24-000137Item 5.07 · say-on-pay result. As reported: 98.69% (votes for as printed: 26,280,260). Filing ↗
30Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
31Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)ComputedcomputedCash 497,247 + equity 624,975 + all other 0 = 1,122,222, summed across the director compensation table rows.machine: formula: Σ = 1,122,222
33Element Solutions Inc., Section 10b CEO totalDEF 14A2026-03-230001590714-26-000034CEO total compensation as printed in Element Solutions Inc.'s own proxy. As printed: 26,480,462. Filing ↗machine: r3 · c27 · span 596335–596345
34Eagle Materials Inc., Section 10b CEO totalDEF 14A2026-06-150001193125-26-271073CEO total compensation as printed in Eagle Materials Inc.'s own proxy. As printed: 10,302,728. Filing ↗machine: t143 · r4 · c26 · span 1818301–1818311
35Carpenter Technology Corporation, Section 10b CEO totalDEF 14A2025-09-120001193125-25-202215CEO total compensation as printed in Carpenter Technology Corporation's own proxy. As printed: 8,416,878. Filing ↗machine: r6 · c33 · span 2594412–2594421
36Arcosa, Inc., Section 10b CEO totalDEF 14A2026-03-310001739445-26-000050CEO total compensation as printed in Arcosa, Inc.'s own proxy. As printed: 8,092,216. Filing ↗machine: t194 · r4 · c14 · span 1027065–1027074
37Apogee Enterprises, Inc., Section 10b CEO totalDEF 14A2026-05-120000006845-26-000036CEO total compensation as printed in Apogee Enterprises, Inc.'s own proxy. As printed: 6,075,286. Filing ↗machine: r18 · c51 · span 853782–853791
38AZZ Inc (subject), Section 10b CEO totalDEF 14A2026-05-260001104659-26-066068CEO total compensation as printed in AZZ Inc's own proxy. As printed: 5,513,156. Filing ↗machine: r1 · c63 · span 1601330–1601339
39Materion Corporation, Section 10b CEO totalDEF 14A2026-03-260001104657-26-000022CEO total compensation as printed in Materion Corporation's own proxy. As printed: 4,794,902. Filing ↗machine: r2 · c51 · span 477569–477578
40Gibraltar Industries, Inc., Section 10b CEO totalDEF 14A2026-04-060000912562-26-000083CEO total compensation as printed in Gibraltar Industries, Inc.'s own proxy. As printed: 4,731,001. Filing ↗machine: t256 · r4 · c11 · span 854722–854731
41Insteel Industries, Inc., Section 10b CEO totalDEF 14A2026-01-020001308179-26-000001CEO total compensation as printed in Insteel Industries, Inc.'s own proxy. As printed: 3,447,259. Filing ↗machine: t164 · r1 · c8 · span 469403–469412
42Section 10a, Eagle Materials Inc. reciprocityDEF 14A0001193125-26-271073Eagle Materials Inc.'s most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗
43Section 10a, Apogee Enterprises, Inc. reciprocityDEF 14A0000006845-26-000036Apogee Enterprises, Inc. names AZZ Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
44Section 10a, Gibraltar Industries, Inc. reciprocityDEF 14A0000912562-26-000083Gibraltar Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗
45Section 10a, Materion Corporation reciprocityDEF 14A0001104657-26-000022Materion Corporation's most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗
46Section 10a, Carpenter Technology Corporation reciprocityDEF 14A0001193125-25-202215Carpenter Technology Corporation's most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗
47Section 10a, Insteel Industries, Inc. reciprocityDEF 14A0001308179-26-000001Insteel Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗
48Section 10a, Valmont Industries, Inc. reciprocityDEF 14A0001104659-26-026141Valmont Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗
49Section 10a, Element Solutions Inc. reciprocityDEF 14A0001590714-26-000034Element Solutions Inc.'s most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗
50Section 10a, Arcosa, Inc. reciprocityDEF 14A0001739445-26-000050Arcosa, Inc.'s most recent proxy was read; its disclosed peer group does not include AZZ Inc. Filing ↗