Form 4: Ingersoll Rand CFO's Stock Transactions
Insider Transaction Report
Ingersoll Rand's Senior Vice President and CFO, Vikram Kini, reported the vesting of restricted stock units and subsequent share transactions for tax purposes.
Summary
- Vikram Kini, Senior Vice President and CFO of Ingersoll Rand Inc. (IR), reported changes in his beneficial ownership of company stock.
- On August 20, 2025, 897 restricted stock units (RSUs) vested, leading to the acquisition of 897 shares of common stock.
- Concurrently, 392 shares were disposed of at $79.04 per share to cover tax obligations related to the RSU vesting.
- Following these transactions, Kini's direct beneficial ownership of common stock is 87,687 shares.
- Kini retains 2,694 unvested restricted stock units, which are scheduled to vest in three additional equal annual installments starting from August 20, 2025.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine insider transaction involving RSU vesting and tax withholding, which is a common occurrence and does not indicate significant positive or negative sentiment about the company's performance or outlook.
Positives
- Vesting of 897 restricted stock units indicates a portion of executive compensation being realized.
- The acquisition of 897 common shares increases the insider's direct stake in the company, aligning interests with shareholders.
Negatives
- 392 shares were sold to cover tax obligations, which is a common practice but represents a reduction in direct shareholding.
Future Outlook
Remaining restricted stock units will vest in three additional equal annual installments following the initial vesting on August 20, 2025.
Stakeholder Impact
- Shareholders: Minor impact as it's a routine executive compensation event, demonstrating alignment of management interests through equity ownership.
- Employees: No direct impact mentioned.
Next Steps
- Future vesting of the remaining 2,694 restricted stock units in three equal annual installments.
Key Dates
| Date | Description |
|---|---|
| 08/20/2025 | Date of RSU vesting and related stock transactions for Vikram Kini. |
| 08/21/2025 | Date the Form 4 was filed with the SEC. |
Keywords
Ingersoll Rand, IR, Vikram Kini, SEC Form 4, Insider Trading, Stock Vesting, Restricted Stock Units, Executive Compensation, Share Ownership
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