Form 4: Ingersoll Rand Executive Keene Kathleen M. Reports Stock Transactions
SEC Form 4 Filing
Kathleen M. Keene, a Senior Vice President and Chief Human Resources Officer at Ingersoll Rand Inc., reported the acquisition and disposal of common stock and derivative securities.
Summary
- Kathleen M. Keene, a Senior Vice President and Chief Human Resources Officer at Ingersoll Rand Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 26, 2025, Keene was granted 3,148 restricted stock units and 7,599 stock options.
- These restricted stock units vest in four equal annual installments beginning on February 26, 2026, and will be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- The stock options also vest in four equal annual installments beginning on February 26, 2026.
- On February 27, 2025, 449 restricted stock units vested, and Keene acquired 449 shares of common stock.
- Also on February 27, 2025, 129 shares were withheld to pay taxes applicable to the vesting of restricted stock units at a price of $83.09.
- Following these transactions, Keene directly owns 11,052 shares of common stock, 3,148 restricted stock units, and 7,599 stock options.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests.
Positives
- The granting of restricted stock units and stock options to a key executive aligns their interests with the company's long-term performance.
Future Outlook
The reported transactions reflect ongoing compensation and equity ownership adjustments for a key executive, suggesting continued alignment with company goals.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the equity holdings of company insiders.
Stakeholder Impact
- The transactions have a minor positive impact on shareholders by aligning executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of original grant of restricted stock units that vest in four equal annual installments beginning on February 27, 2025. |
| 02/26/2025 | Date of grant of 3,148 restricted stock units and 7,599 stock options. |
| 02/27/2025 | Date of vesting of 449 restricted stock units and withholding of 129 shares for taxes. |
| 02/26/2026 | First vesting date for the restricted stock units and stock options granted on February 26, 2025. |
| 02/26/2035 | Expiration date for the stock options granted on February 26, 2025. |
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