Form 4: Ingersoll Rand Executive Reports Stock Transactions
SEC Form 4 Filing
Elizabeth Meloy Hepding, a Senior Vice President at Ingersoll Rand, reported the vesting and subsequent tax withholding related to restricted stock units.
Summary
- On August 9, 2024, Elizabeth Meloy Hepding, Senior Vice President at Ingersoll Rand, reported transactions involving common stock.
- 2,524 restricted stock units vested and were converted into common stock.
- 731 shares were withheld to cover taxes related to the vesting of these units at a price of $89.47 per share.
- Following these transactions, Hepding directly owns 6,559 shares of Ingersoll Rand common stock and 2,524 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/09/2022 | Beginning of the vesting period for the restricted stock units in four equal annual installments. |
| 08/09/2024 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 08/12/2024 | Date of signature for the Form 4 filing. |
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