Form 4: Ingersoll Rand Inc. Executive Kini Vikram Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President and CFO of Ingersoll Rand Inc., Kini Vikram, reports the vesting and subsequent tax withholding related to restricted stock units.
Summary
- On March 6, 2024, Kini Vikram, Senior Vice President and CFO of Ingersoll Rand Inc., reported transactions involving common stock and restricted stock units.
- 900 shares were acquired upon the vesting of restricted stock units originally granted on March 6, 2020.
- 403 shares were disposed of to cover tax obligations related to the vesting of these restricted stock units at a price of $90.24.
- Following these transactions, Kini Vikram directly owns 66,398 shares of Ingersoll Rand Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/06/2020 | Original grant date of restricted stock units |
| 03/06/2021 | First vesting date of restricted stock units (annual installments) |
| 03/06/2024 | Date of reported transactions: vesting of RSUs and tax withholding |
| 03/08/2024 | Date of signature for the Form 4 filing |
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