Form 4: Ingersoll Rand Executive Duval Santiago Arias Reports Stock Transactions
SEC Form 4 Filing
Duval Santiago Arias, a Senior Vice President at Ingersoll Rand, reported the vesting of restricted stock units and subsequent tax withholding on March 25, 2024.
Summary
- On March 25, 2024, Duval Santiago Arias, a Senior Vice President at Ingersoll Rand, reported transactions involving Ingersoll Rand common stock.
- Arias vested 483 restricted stock units, each convertible into one share of common stock or equivalent cash.
- 975 shares were disposed of.
- 118 shares were withheld to cover taxes related to the vesting of the restricted stock units at a price of $94.48.
- Following these transactions, Arias directly owns 857 shares of Ingersoll Rand common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices at Ingersoll Rand.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/27/2024 | Date of signature on the Form 4 filing. |
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