Form 4: Ingersoll Rand Executive Andrew Schiesl Exercises Stock Options and Sells Shares

Andrew Schiesl, a Senior Vice President at Ingersoll Rand, exercised stock options and sold shares of common stock on August 8th and 9th, 2024.

Summary

• On August 8, 2024, Andrew Schiesl, a Senior Vice President at Ingersoll Rand Inc., exercised stock options to acquire 24,021 shares of common stock at a price of $32.06 per share.
• Simultaneously, Schiesl sold 15,381 shares of common stock at a weighted average price of $89.74, with individual transactions ranging from $89.72 to $89.83.
• On August 9, 2024, Schiesl sold an additional 8,640 shares at $90.6 per share.
• Following these transactions, Schiesl directly owns 30,846 shares of Ingersoll Rand Inc. common stock.
• The sales on August 8th were partially to cover the option exercise price and associated withholding taxes.

Sentiment

Score: 5

Explanation: This is a routine transaction disclosure, and the sentiment is neutral.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are closely watched by investors for insights into management's perspective on the company's value and future prospects. This transaction is a routine disclosure.

Key Dates