Form 4: ITT Inc. Director Acquires Shares
Statement of Changes in Beneficial Ownership
ITT Inc. director Kevin C. Berryman acquired 909 shares of common stock through an award of restricted stock units.
Summary
- Kevin C. Berryman, a Director at ITT Inc., acquired 909 shares of common stock on May 21, 2026.
- The acquisition was made through an award of restricted stock units (RSUs).
- These RSUs are scheduled to vest on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders.
- Following this transaction, Berryman beneficially owns 4,037 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard award of restricted stock units to a director as part of their compensation, rather than an open market purchase or sale.
Positives
- Director acquisition of shares can signal confidence in the company's future prospects.
- The award of RSUs aligns management and director incentives with shareholder value creation.
- The vesting schedule ties a portion of the compensation to future company performance and shareholder events.
Future Outlook
The restricted stock units are set to vest on the business day prior to the ITT 2027 Annual Meeting of Shareholders, indicating a future event tied to compensation realization.
Industry Context
StockSavvy.ai notes that insider transactions, such as this acquisition of restricted stock units by a director, are common disclosures in the industrial manufacturing sector. These filings provide transparency into executive compensation and potential insider confidence.
Stakeholder Impact
- Shareholders: The acquisition by a director through RSUs aligns director interests with long-term shareholder value, as the RSUs vest based on future company events.
- Employees: This filing is part of standard corporate governance and compensation disclosure, indirectly impacting employees through transparency.
- Management: Reflects standard executive and director compensation practices within the company.
Next Steps
- Vesting of restricted stock units on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Transaction Date for acquisition of common stock. |
| 05/26/2026 | Date of signature for the filing. |
| 05/21/2026 | Earliest transaction date reported. |
| Prior to ITT 2027 Annual Meeting of Shareholders | Vesting date for the awarded restricted stock units. |
Keywords
ITT Inc., Form 4, Insider Trading, Restricted Stock Units, Director Compensation, Share Acquisition, Beneficial Ownership
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