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 transactions involving common stock and restricted stock units.
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 22, 2025, Keene vested 530 restricted stock units and acquired 530 shares of common stock.
- Also on February 22, 2025, 153 shares were withheld to cover taxes at a price of $83.69.
- On February 23, 2025, Keene vested 192 and 648 restricted stock units and acquired 192 and 648 shares of common stock respectively.
- Additionally on February 23, 2025, 242 shares were withheld to cover taxes at a price of $83.69.
- Following these transactions, Keene directly owns 10,732 shares of Ingersoll Rand Inc. common stock and 1,296 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral document detailing routine stock transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Positives
- The vesting of restricted stock units indicates that Keene is meeting the conditions of her equity compensation plan.
Future Outlook
There is no future outlook provided in this document.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Comparison to Industry Standards
- Executive stock transactions are a common occurrence in publicly traded companies like Ingersoll Rand.
- Companies such as Honeywell, Siemens, and General Electric also have executives who regularly report stock transactions via Form 4 filings.
- The vesting schedules and tax withholding practices described in this filing are typical for equity compensation plans in the industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard vesting of executive compensation.
- Employees holding similar restricted stock units may be interested in the vesting schedule and tax implications.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Date of original grant of restricted stock units that vest in four equal annual installments beginning on February 22, 2023. |
| 02/23/2021 | Date of original grant of restricted stock units that vest in four equal annual installments beginning on February 23, 2022. |
| 02/23/2023 | Date of original grant of restricted stock units that vest in four equal annual installments beginning on February 23, 2024. |
| 02/22/2023 | First vesting date for restricted stock units originally granted on February 22, 2022. |
| 02/23/2022 | First vesting date for restricted stock units originally granted on February 23, 2021. |
| 02/23/2024 | First vesting date for restricted stock units originally granted on February 23, 2023. |
| 02/22/2025 | Transaction date for vesting of restricted stock units and tax withholding. |
| 02/23/2025 | Transaction date for vesting of restricted stock units and tax withholding. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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