Form 4: Ingersoll Rand Director, JoAnna Sohovich, Acquires Restricted Stock Units
SEC Form 4 Filing
Director JoAnna Sohovich acquired 2,240 restricted stock units in Ingersoll Rand Inc. on February 27, 2024, which vest on February 27, 2025.
Summary
- JoAnna Sohovich, a director of Ingersoll Rand Inc., reported the acquisition of 2,240 restricted stock units on February 27, 2024.
- These restricted stock units vest on February 27, 2025.
- Upon vesting, each unit will be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- The reporting person directly owns 2,240 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding stock ownership. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted stock units vest on February 27, 2025, and will be settled in common stock, cash, or a combination thereof.
Industry Context
This filing is a routine disclosure of a director's acquisition of restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: JoAnna Sohovich acquired 2,240 restricted stock units. |
| 02/27/2025 | Vesting date for the restricted stock units. |
| 02/29/2024 | Date of signature for the Form 4 filing. |
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