Form 4: Ingersoll Rand Executive Andrew Schiesl Reports Stock Transactions Following Vesting of Performance-Based Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Andrew Schiesl, a Senior Vice President at Ingersoll Rand, reports the acquisition and disposal of company stock related to the vesting of performance-based restricted stock units.

Summary

  • On February 10, 2025, Andrew Schiesl, a Senior Vice President at Ingersoll Rand, reported transactions involving Ingersoll Rand Inc. common stock.
  • These transactions are related to the vesting of performance-based restricted stock units (RSUs) granted on February 22, 2022.
  • The performance conditions for these RSUs were met, resulting in the vesting of 200% of the targeted number of units.
  • Schiesl acquired 20,718 shares of common stock upon vesting of the RSUs.
  • Simultaneously, 7,490 shares were withheld to cover taxes associated with the vesting.
  • Following these transactions, Schiesl beneficially owns 44,074 shares of Ingersoll Rand Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects standard executive compensation and reporting practices. The vesting of RSUs based on performance is generally a positive sign, but the filing itself is simply a procedural disclosure.

Positives

  • The vesting of performance-based restricted stock units suggests that performance targets were met or exceeded, which is a positive indicator for the company.

Future Outlook

There is no future outlook information provided in this document.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The vesting of RSUs aligns executive interests with shareholder value, as executives are rewarded for achieving performance targets.

Key Dates

DateDescription
02/22/2022Date the Reporting Person was granted restricted stock units subject to performance-based vesting conditions.
02/10/2025Date of stock acquisition and disposal due to RSU vesting and tax withholding.
02/12/2025Date of signature on the Form 4 filing.

Keywords

Ingersoll Rand, Andrew Schiesl, Form 4, SEC Filing, Stock Transaction, Restricted Stock Units, Vesting, Performance-Based, Insider Trading

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