Form 4: ITT VP & CAO Reports Equity Changes

ITT Inc.'s Vice President and Chief Accounting Officer, Cheryl de Mesa Graziano, reported the acquisition of 2,558 shares and subsequent tax-related disposals, resulting in a beneficial ownership of 6,765 common shares.

Summary

• Cheryl de Mesa Graziano, ITT Inc.'s Vice President & CAO, reported transactions involving ITT common stock.
• Acquired 2,558 shares of common stock on March 3, 2026, upon the settlement of performance units granted under the ITT Inc. 2011 Omnibus Incentive Plan. This acquisition was at a price of $0.00, reflecting the satisfaction of performance criteria.
• Disposed of 832 shares of common stock on March 3, 2026, at a price of $190.39 per share, to cover tax liabilities related to the settlement of the performance units.
• Disposed of an additional 228 shares of common stock on March 3, 2026, at a price of $197.75 per share, to cover tax liabilities related to the vesting of restricted stock units granted on March 3, 2024.
• Following these transactions, the reporting person beneficially owns 6,765 shares of ITT Inc. common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a slightly positive event, reflecting the successful achievement of performance criteria by a key executive, leading to the vesting of equity awards. The subsequent share disposals are routine for tax purposes.

Positives

• Cheryl de Mesa Graziano acquired 2,558 shares of ITT Inc. common stock at $0.00, indicating successful achievement of performance criteria for previously granted performance units.

Negatives

• A total of 1,060 shares (832 + 228) were disposed of to cover tax liabilities associated with the settlement of performance units and vesting of restricted stock units.

Future Outlook

This Form 4 filing does not contain specific forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to compensation such as performance unit settlements and restricted stock vesting, are common occurrences for executives in publicly traded companies. The disposal of shares for tax withholding is a standard practice to cover tax obligations arising from equity awards, and typically does not signal a change in management's confidence in the company's prospects.

Comparison to Industry Standards

• This filing details routine executive compensation events. StockSavvy.ai finds these types of transactions, involving the settlement of performance-based awards and subsequent tax withholdings, to be standard practice across industries for executive compensation plans. There are no specific comparable companies or projects mentioned in this filing to provide a direct comparison of results.

Stakeholder Impact

• Shareholders: Minimal direct impact, as these are routine compensation-related transactions for an executive.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

ITT Inc., ITT, Form 4, insider transaction, beneficial ownership, executive compensation, performance units, restricted stock units, stock award, tax withholding