Form 4: Ingersoll Rand Executive Keene Kathleen M. Reports Stock Transactions
SEC Form 4 Filing
Kathleen M. Keene, a Senior Vice President at Ingersoll Rand, reports the acquisition of 8,476 shares of common stock and the disposal of 2,503 shares to cover tax obligations.
Summary
- Kathleen M. Keene, a Senior Vice President at Ingersoll Rand, filed a Form 4 detailing changes in beneficial ownership of company stock.
- On February 10, 2025, Ms. Keene acquired 8,476 shares of common stock related to the vesting of performance-based restricted stock units.
- These restricted stock units vested at 200% of the targeted number due to the performance threshold being met.
- Also on February 10, 2025, Ms. Keene disposed of 2,503 shares of common stock at a price of $92.18 to cover tax obligations related to the vesting of the restricted stock units.
- Following these transactions, Ms. Keene beneficially owns 9,757 shares of Ingersoll Rand common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to executive compensation. The vesting at 200% is a slightly positive indicator.
Positives
- The vesting of performance-based restricted stock units at 200% suggests that performance targets were exceeded.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the stock transactions of company insiders. This filing indicates activity related to executive compensation and tax obligations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Reporting Person was granted restricted stock units subject to performance-based vesting conditions. |
| 02/10/2025 | Restricted stock units were certified as meeting the performance threshold, resulting in vesting of 200% of the targeted number of restricted stock units. |
| 02/10/2025 | Acquisition of 8,476 shares of common stock and disposal of 2,503 shares for tax obligations. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Ingersoll Rand, Kathleen Keene, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Vesting, Tax Withholding
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