Form 4: Ingersoll Rand Director John Humphrey Acquires Restricted Stock Units
SEC Form 4 Filing
Director John Humphrey acquired 2,406 restricted stock units of Ingersoll Rand Inc. on February 27, 2024, which vest on February 27, 2025.
Summary
- On February 27, 2024, John Humphrey, a director of Ingersoll Rand Inc., acquired 2,406 restricted stock units.
- 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.
- Following the transaction, Humphrey directly owns 2,406 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 the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: John Humphrey acquired 2,406 restricted stock units. |
| 02/27/2025 | Vesting date of the restricted stock units. |
| 02/29/2024 | Date of signature for the report. |
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