Form 4: Ingersoll Rand Director Marc Ellis Jones Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Marc Ellis Jones reports acquiring 2,295 restricted stock units in Ingersoll Rand Inc. on February 27, 2024.
Summary
- On February 27, 2024, Marc Ellis Jones, a director of Ingersoll Rand Inc., acquired 2,295 restricted stock units.
- These restricted stock units vest on February 27, 2025, and will be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- Following the transaction, Jones directly owns 2,295 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Industry Context
This filing is a routine disclosure of stock-based compensation to a company director, which is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with shareholders, potentially incentivizing them to improve company performance.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: Marc Ellis Jones acquired 2,295 restricted stock units. |
| 02/27/2025 | Vesting date for the restricted stock units. |
| 02/29/2024 | Date of signature for the report. |
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