ITT.NYSEItt INC

Form 4: ITT Inc. Director Christopher O'Shea Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


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Director Christopher O'Shea reports changes in beneficial ownership of ITT Inc. stock due to tax withholding and an award of restricted stock units.

Summary

  • On May 20, 2025, ITT Inc. Director Christopher O'Shea had 94 shares of common stock withheld to cover tax liabilities related to vesting restricted stock units at a price of $153.22 per share, leaving him with 1,020 shares.
  • On May 21, 2025, O'Shea was awarded 1,040 restricted stock units, scheduled to vest before the ITT 2026 Annual Meeting of Shareholders, increasing his holdings to 2,060 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.

Positives

  • The award of restricted stock units to a director aligns their interests with those of the shareholders.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The changes in ownership may have a minor impact on shareholders due to the director's increased stake in the company.

Key Dates

DateDescription
05/20/2025Shares withheld for tax liability related to vesting restricted stock units.
05/21/2025Award of restricted stock units granted.
05/22/2025Date of Form 4 filing.

Keywords

beneficial ownership, Form 4, ITT Inc., Christopher O'Shea, restricted stock units, tax withholding, director

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