Form 4: ITT Director Kevin Berryman Awarded Restricted Stock Units

ITT Inc. Director Kevin C. Berryman has been awarded 1,040 restricted stock units, aligning his interests with long-term shareholder value.

Summary

• Kevin C. Berryman, a Director of ITT Inc., was awarded 1,040 shares of common stock in the form of restricted stock units (RSUs).
• The transaction date for this acquisition was May 21, 2025.
• The RSUs were acquired at a price of $0, which is typical for equity awards.
• Following this transaction, Mr. Berryman beneficially owns 3,128 shares of ITT Inc. common stock.
• These restricted stock units are scheduled to vest on the business day immediately prior to the ITT 2026 Annual Meeting of Shareholders.

Sentiment

Score: 7

Explanation: The award of restricted stock units to a director is a positive development as it aligns the director's financial interests with the long-term performance of the company and its shareholders.

Positives

• The award of restricted stock units to a director aligns management's interests with those of shareholders, as the value of the award is tied to the company's stock performance.
• The transaction increases the director's beneficial ownership in the company, demonstrating continued commitment.

Future Outlook

The restricted stock units are scheduled to vest on the business day immediately prior to the ITT 2026 Annual Meeting of Shareholders, indicating a future milestone for this specific equity award.

Industry Context

The award of restricted stock units is a common form of executive and director compensation in publicly traded companies across various industries, used to incentivize long-term performance and align interests with shareholders.

Comparison to Industry Standards

• The use of restricted stock units as a compensation mechanism for directors is a standard practice in corporate governance across many industries, including manufacturing and industrial companies like ITT Inc. Specific comparable companies or projects are not detailed in this filing, but this practice is consistent with compensation structures at peer companies.

Related Party Transactions

• The transaction involves an equity award from ITT Inc. to one of its directors, Kevin C. Berryman, which is a common form of related party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: The award aligns the director's interests with shareholders, potentially leading to better long-term decision-making focused on stock performance.

Next Steps

• The restricted stock units are scheduled to vest on the business day immediately prior to the ITT 2026 Annual Meeting of Shareholders.

Key Dates

Recommendation

Keywords

ITT Inc., ITT, Form 4, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Equity Award, Beneficial Ownership