Form 4: Ingersoll Rand VP, Chief Accounting Officer, Michael J Scheske, Reports Stock Transactions
SEC Form 4
Michael J Scheske, VP, Chief Accounting Officer of Ingersoll Rand Inc., reports acquisition and disposal of common stock and derivative securities.
Summary
- On February 27, 2025, Michael J Scheske acquired 449 shares of Common Stock through the vesting of Restricted Stock Units.
- Also on February 27, 2025, 129 shares were disposed of to cover tax obligations at a price of $83.09 per share.
- As of February 27, 2025, Scheske directly owns 13,630.179 shares of Common Stock.
- On February 26, 2025, Scheske was granted 2,249 Restricted Stock Units and 5,428 Stock Options.
- The Restricted Stock Units vest in four equal annual installments beginning on February 26, 2026.
- The Stock Options also vest in four equal annual installments beginning on February 26, 2026 and expire on February 26, 2035.
Sentiment
Score: 5
Explanation: This is a neutral report of insider trading activity, with no inherent positive or negative implications.
Future Outlook
The restricted stock units and stock options will vest in the future, potentially leading to further transactions.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of original grant for some restricted stock units |
| 02/26/2025 | Date of grant for new restricted stock units and stock options |
| 02/27/2025 | Date of stock acquisition and disposal for tax obligations |
| 02/26/2026 | Vesting start date for new restricted stock units and stock options |
| 02/26/2035 | Expiration date for stock options |
| 02/28/2025 | Date of signature for the report |
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