Form 4: ITT Executive Boosts Stake with New Stock Awards

ITT Inc. SVP Bartlomiej Makowiecki reported significant stock acquisitions and tax-related dispositions, resulting in a net increase in his beneficial ownership.

Summary

• Bartlomiej Makowiecki, SVP, Chief Strategy Officer and President, Industrial Process at ITT Inc., reported changes in his beneficial ownership of common stock.
• On March 3, 2026, he acquired 8,444 shares upon the settlement of performance units granted under the ITT Inc. 2011 Omnibus Incentive Plan, indicating the satisfaction of performance criteria.
• Concurrently on March 3, 2026, he disposed of 3,067 shares to cover tax liabilities related to the performance unit settlement, at a price of $190.39 per share.
• Also on March 3, 2026, he disposed of an additional 1,418 shares to cover tax liabilities related to the vesting of restricted stock units granted on March 3, 2023, also at $190.39 per share.
• On March 4, 2026, he was awarded 4,100 restricted stock units under the Plan, which are scheduled to vest on March 4, 2029.
• Following these reported transactions, his direct beneficial ownership of ITT Inc. common stock increased by 8,059 shares, totaling 30,307 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as moderately positive due to the net increase in the executive's beneficial ownership and the successful settlement of performance-based awards, indicating achievement of company goals.

Positives

• Net increase of 8,059 shares in direct beneficial ownership following the reported transactions, demonstrating continued alignment with shareholder interests.
• Acquisition of 8,444 shares upon settlement of performance units, indicating successful achievement of performance criteria.
• Award of 4,100 restricted stock units, further aligning executive compensation with long-term company performance.

Negatives

• Disposition of 4,485 shares (3,067 shares and 1,418 shares) to cover tax liabilities, which reduces the immediate share count.

Future Outlook

The newly awarded 4,100 restricted stock units are scheduled to vest on March 4, 2029, aligning the executive's future compensation with the company's long-term performance.

Industry Context

StockSavvy.ai notes that routine insider transactions, particularly those related to compensation plans like performance units and restricted stock units, are common across industries. These filings provide transparency into executive ownership and compensation structures, which are standard practices for publicly traded companies.

Stakeholder Impact

• Shareholders: Increased executive ownership can signal confidence in the company's future, aligning management's interests with long-term shareholder value.
• Employees: The settlement of performance units and award of restricted stock units are part of the company's incentive plan, which can motivate executives and potentially other employees.

Next Steps

• The 4,100 restricted stock units awarded on March 4, 2026, are scheduled to vest on March 4, 2029.

Key Dates

Keywords

ITT Inc., Form 4, Insider Transaction, Stock Ownership, Executive Compensation, Restricted Stock Units, Performance Units, Equity Awards