Form 4: Ingersoll Rand Executive Emmerich Reports Stock Transactions

Matthew J. Emmerich, a Senior Vice President and Chief Information Officer at Ingersoll Rand, reported the vesting of restricted stock units and subsequent tax withholding.

Summary

• On August 17, 2024, Matthew J. Emmerich, a Senior Vice President and Chief Information Officer at Ingersoll Rand Inc., had restricted stock units vest.
• 756 restricted stock units vested and were settled for common stock.
• 232 shares were withheld to cover taxes related to the vesting of these units at a price of $91.01 per share.
• Following these transactions, Emmerich directly owns 524 shares of common stock and 2,269 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive, and it doesn't inherently indicate positive or negative sentiment. It's a neutral event.

Future Outlook

The restricted stock units vest in four equal annual installments beginning on August 17, 2024, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider activity.

Stakeholder Impact

• Shareholders are informed about insider transactions, promoting transparency.
• The executive's compensation is affected by the vesting of stock units and tax implications.

Key Dates