Form 4: Ingersoll Rand CFO Kini Reports Equity Grants, Vesting

Ingersoll Rand's Senior VP and CFO, Vikram Kini, reported the vesting of restricted stock units, associated tax withholdings, and new grants of restricted stock units and stock options.

Summary

• Vikram Kini, Senior Vice President and CFO of Ingersoll Rand Inc., reported multiple equity transactions.
• On February 22, 2026, 1,648 shares of common stock were acquired due to the vesting of restricted stock units (originally granted on February 22, 2022).
• On February 22, 2026, 715 shares were disposed of at $95.60 to cover tax obligations related to the RSU vesting.
• On February 23, 2026, 1,943 shares of common stock were acquired due to the vesting of restricted stock units (originally granted on February 23, 2023).
• On February 23, 2026, 843 shares were disposed of at $93.94 to cover tax obligations related to the RSU vesting.
• Following these transactions, Kini's direct beneficial ownership of common stock is 100,550 shares.
• Additionally, on February 23, 2026, Kini was granted 14,636 new Restricted Stock Units and 36,259 Stock Options with an exercise price of $93.94.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a routine and positive development for the executive, reflecting ongoing participation in the company's long-term incentive plans. For the company, it represents standard executive compensation, which is generally neutral.

Positives

• Vikram Kini received new grants of 14,636 Restricted Stock Units and 36,259 Stock Options, indicating continued long-term incentive compensation.
• The vesting of previously granted Restricted Stock Units resulted in the acquisition of 3,591 shares of common stock (1,648 + 1,943) for the CFO.
• The transactions demonstrate the company's ongoing executive compensation program, aligning management interests with shareholder value.

Negatives

• A total of 1,558 shares (715 + 843) were disposed of to cover tax liabilities, reducing the immediate net share gain from vesting.

Future Outlook

The newly granted Restricted Stock Units and Stock Options will vest in four equal or substantially equal annual installments beginning on February 23, 2027, with the stock options expiring on February 23, 2036.

Management Comments

• The transactions reflect the standard operation of Ingersoll Rand's long-term incentive plans for its executives.

Industry Context

StockSavvy.ai notes that executive equity grants, such as Restricted Stock Units and Stock Options, are a common practice across industries to align the interests of senior management with those of shareholders, promoting long-term performance and retention. These grants typically vest over several years, providing a sustained incentive.

Comparison to Industry Standards

• Executive compensation packages, including equity components like RSUs and stock options, are standard practice in large industrial companies.
• Similar structures are observed at peers like Xylem Inc. or Dover Corporation, where long-term incentives form a significant portion of executive pay, often tied to multi-year vesting schedules to encourage sustained performance and retention.
• The vesting schedule of four years is typical for such grants in the industrial sector.

Stakeholder Impact

• Shareholders: The grants dilute existing shares over time but aim to align management incentives with long-term shareholder value creation.
• Employees: No direct impact on general employees, but reflects the company's executive compensation strategy.

Next Steps

• Future vesting of the 14,636 Restricted Stock Units in four equal annual installments beginning February 23, 2027.
• Future vesting of the 36,259 Stock Options in four substantially equal annual installments beginning February 23, 2027.

Key Dates

Keywords

Ingersoll Rand, IR, Vikram Kini, Form 4, Insider Trading, Restricted Stock Units, Stock Options, Executive Compensation, Equity Grant, Vesting, Tax Withholding