Form 4: ITT Inc. Director Christopher O'Shea Reports Changes in Beneficial Ownership
SEC Form 4 Filing
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
| Date | Description |
|---|---|
| 05/20/2025 | Shares withheld for tax liability related to vesting restricted stock units. |
| 05/21/2025 | Award of restricted stock units granted. |
| 05/22/2025 | Date of Form 4 filing. |
Keywords
beneficial ownership, Form 4, ITT Inc., Christopher O'Shea, restricted stock units, tax withholding, director
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.