Ferguson CSO Jake Schlicher sells $686,406 in FERG shares

Ferguson Enterprises Inc. (FERG) Chief Strategy Officer Jake Schlicher sold 3,138 shares of the company's common stock on October 12, 2026, for a total of $686,406, according to a report by Investing.com. The sale, which was executed via a Rule 10b5-1 trading plan established on May 13, 2026, came alongside the acquisition of 1,876 shares in settlement of a Conditional Share Award and 3,761 shares from a grant made in 2023.

The insider also disposed of 2,499 shares to cover tax obligations at a price of $220.04 per share. Despite this transaction, Schlicher still holds 9,490 shares of Ferguson Enterprises Inc. common stock. The stock is currently trading near its 52-week low of $212.13, with an analyst suggesting it may be undervalued.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.