Form 4: Ingersoll Rand Executive Reports Stock Award Vesting and Tax Withholding

Michael A. Weatherred, a Senior Vice President at Ingersoll Rand, reports the vesting of performance-based restricted stock units and subsequent tax withholding.

Summary

• On February 10, 2025, Michael A. Weatherred, a Senior Vice President at Ingersoll Rand, reported a transaction involving Ingersoll Rand Inc. common stock.
• Performance-based restricted stock units granted on February 22, 2022, vested at 200% of the target amount due to the performance threshold being met.
• This resulted in the vesting of 16,010 restricted stock units, which were settled into shares of common stock on a one-for-one basis.
• 5,532 shares were withheld to cover taxes related to the vesting of these restricted stock units at a price of $92.18 per share.
• Following these transactions, Weatherred directly owns 56,074.852 shares of Ingersoll Rand Inc. common stock.

Sentiment

Score: 6

Explanation: The document is neutral in sentiment. It reports routine transactions related to executive compensation. The vesting of performance-based units suggests positive performance, but the document itself is simply a disclosure.

Positives

• The vesting of performance-based restricted stock units suggests that performance targets were achieved, which is a positive indicator for the company.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the alignment of executive incentives with company performance.

Stakeholder Impact

• The vesting of stock units aligns executive interests with shareholder value.

Key Dates

Keywords

Ingersoll Rand, Stock Vesting, Form 4, Restricted Stock Units, Beneficial Ownership, Executive Compensation