Form 4: Ingersoll Rand Director Acquires and Disposes of Shares Through Restricted Stock Unit Transactions
SEC Form 4 Filing
Director Mark P. Stevenson reports transactions involving Ingersoll Rand Inc. stock, including the vesting and settlement of restricted stock units.
Summary
- On February 27, 2025, Mark P. Stevenson, a director of Ingersoll Rand Inc., acquired 2,129 shares of common stock through the vesting of restricted stock units.
- These restricted stock units, originally granted on February 27, 2024, vested and were settled by delivery of common stock.
- Following this transaction, Stevenson directly owns 9,396.552 shares of Ingersoll Rand Inc.
- Additionally, on February 26, 2025, Stevenson was granted 2,309 restricted stock units that will vest on February 26, 2026.
- These units will be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of restricted stock units indicates that the director has met certain performance or time-based requirements, aligning their interests with those of the shareholders.
- The director's continued holding of a significant number of shares (9,396.552) suggests confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors and officers.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Original grant date of restricted stock units that vested on February 27, 2025 |
| 02/26/2025 | Grant date of new restricted stock units that will vest on February 26, 2026 |
| 02/27/2025 | Vesting date of restricted stock units, resulting in the acquisition of 2,129 shares |
| 02/28/2025 | Date of signature for the Form 4 filing |
| 02/26/2026 | Vesting date of new restricted stock units granted on February 26, 2025 |
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