Form 4: Ingersoll Rand Director Julie Schertell Reports Stock Unit Vesting
SEC Filing
Director Julie Schertell reports vesting of restricted stock units convertible to common stock in a recent SEC filing.
Summary
- On November 7, 2024, Julie Schertell, a director of Ingersoll Rand Inc., reported the vesting of 663 restricted stock units (RSUs).
- These RSUs, originally granted on November 7, 2023, vested and were settled for 663 shares of common stock.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of RSUs has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/07/2023 | Original grant date of restricted stock units |
| 11/07/2024 | Vesting date of restricted stock units and transaction date |
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