Form 4: Ingersoll Rand Executive Michael Weatherred Reports Stock Transactions

Michael Weatherred, a Senior Vice President at Ingersoll Rand, reports the acquisition and disposal of company stock and derivative securities.

Summary

• On February 27, 2025, Michael Weatherred exercised restricted stock units, acquiring 760 shares of common stock.
• Also on February 27, 2025, 337 shares were disposed of to cover tax obligations related to the vesting of restricted stock units at a price of $83.09 per share.
• Following these transactions, Weatherred directly owns 58,188.852 shares of Ingersoll Rand common stock.
• On February 26, 2025, Weatherred was granted 5,998 restricted stock units and 14,475 stock options.
• The restricted stock units vest in four equal annual installments beginning February 26, 2026, and will be settled in common stock, cash, or a combination thereof.
• The stock options also vest in four equal annual installments beginning February 26, 2026, and expire on February 26, 2035.
• Weatherred also holds 2,282 restricted stock units originally granted on February 27, 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The transactions are part of a standard executive compensation plan and do not indicate any significant concerns about the company's performance or outlook. The granting of equity-based compensation is generally viewed as a positive sign, aligning management's interests with those of shareholders.

Positives

• The granting of restricted stock units and stock options to a senior executive aligns their interests with those of the shareholders.

Future Outlook

The reported transactions reflect ongoing equity-based compensation plans for Ingersoll Rand executives, incentivizing long-term performance.

Industry Context

Executive stock transactions are a common practice in publicly traded companies to align management's interests with those of shareholders. Form 4 filings are a standard regulatory requirement for reporting such transactions.

Comparison to Industry Standards

• Equity compensation practices at Ingersoll Rand, as reflected in these transactions, are generally consistent with those of its peers in the industrial sector, such as Trane Technologies and Carrier Global Corporation.
• These companies also utilize restricted stock units and stock options as part of their executive compensation packages.
• The vesting schedules and terms of these equity grants are typically structured to incentivize long-term value creation and retention of key personnel.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders by aligning executive compensation with company performance.

Key Dates