Form 4: ITT Inc. Executive Reports Tax Liability Share Withholding
SEC Filing
Cheryl de Mesa Graziano, Vice President & CAO of ITT Inc., reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On November 1, 2024, Cheryl de Mesa Graziano, Vice President & CAO of ITT Inc., had 109 shares of common stock withheld to cover tax liabilities.
- This withholding was related to the vesting of restricted stock units granted under the ITT Inc. 2011 Omnibus Incentive Plan.
- The price per share for the withholding was $141.49.
- Following the transaction, de Mesa Graziano directly owns 4,323 shares of ITT Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction related to tax obligations.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of the transaction (share withholding for tax liability). |
| 11/01/2024 | Vesting date of restricted stock units. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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