Form 4: Ingersoll Rand Executive Michael Weatherred Reports Stock Transactions
SEC Form 4
Michael Weatherred, a Senior Vice President at Ingersoll Rand, reported the vesting and subsequent sale of restricted stock units to cover tax obligations.
Summary
- Michael Weatherred, a Senior Vice President at Ingersoll Rand, filed a Form 4 detailing changes in beneficial ownership of company stock.
- On February 22 and 23, 2025, Weatherred vested in restricted stock units (RSUs) and subsequently sold shares to cover tax obligations.
- Specifically, 1,000 RSUs vested on February 22, 2025, and 960 and 1,080 RSUs vested on February 23, 2025.
- A total of 444 shares were sold on February 22, 2025, and 905 shares were sold on February 23, 2025, at a price of $83.69 per share to cover taxes.
- Following these transactions, Weatherred directly owns 57,765.852 shares of Ingersoll Rand common stock and 2,159 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports routine stock transactions by an executive.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Date of original grant for some of the restricted stock units vesting on 02/22/2025. |
| 02/23/2021 | Date of original grant for some of the restricted stock units vesting on 02/23/2025. |
| 02/23/2023 | Date of original grant for some of the restricted stock units vesting on 02/23/2025. |
| 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 | Vesting of 1,000 restricted stock units and sale of 444 shares. |
| 02/23/2025 | Vesting of 960 and 1,080 restricted stock units and sale of 905 shares. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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