Form 4: Ingersoll Rand CEO Reynal Vicente Reports Stock Transactions Following Vesting of Performance-Based Restricted Stock Units
SEC Form 4 Filing
Ingersoll Rand CEO Reynal Vicente reports acquisition and disposal of common stock related to the vesting of performance-based restricted stock units.
Summary
- On February 10, 2025, Reynal Vicente, CEO of Ingersoll Rand Inc., reported transactions involving the company's common stock.
- These transactions are related to the vesting of performance-based restricted stock units granted on February 22, 2022.
- The performance threshold was met, resulting in the vesting of 200% of the targeted number of restricted stock units.
- 131,850 shares were acquired upon vesting of these units.
- 56,015 shares were disposed of to cover tax obligations at a price of $92.18 per share.
- Following these transactions, Vicente directly owns 176,202 shares of common stock.
- He also indirectly owns 147,802 shares through a trust for himself and his spouse, 75,000 shares through a trust for his descendants, and 22,500 shares through a trust for his spouse and descendants.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences for executives who receive stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
- The disclosure provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Reporting Person was granted restricted stock units subject to performance-based vesting conditions. |
| 02/10/2025 | Date of stock transactions: acquisition of 131,850 shares and disposal of 56,015 shares. |
| 02/12/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Ingersoll Rand, Reynal Vicente, stock transactions, Form 4, restricted stock units, vesting, common stock, CEO
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