Ingersoll Rand (NYSE: IR) CFO reports equity awards and tax share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingersoll Rand Inc. Senior Vice President and CFO Vikram Kini reported equity compensation activity involving restricted stock units, stock options, and related common stock. Previously granted restricted stock units vested into 1,943 and 1,648 shares of common stock, while 843 and 715 shares were disposed of to cover tax withholding obligations at prices of $93.94 and $95.60 per share. Kini also received new grants of 14,636 restricted stock units and 36,259 stock options that vest in four equal annual installments beginning on February 23, 2027. Following these transactions, Kini directly held 100,550 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,591 shares exercised/converted
Mixed
8 txns
Insider
Kini Vikram
Role
Senior Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,943 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 14,636 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Buy) | 36,259 | $0.00 | -- |
| Exercise | Common Stock | 1,943 | $0.00 | -- |
| Tax Withholding | Common Stock | 843 | $93.94 | $79K |
| Exercise | Restricted Stock Units | 1,648 | $0.00 | -- |
| Exercise | Common Stock | 1,648 | $0.00 | -- |
| Tax Withholding | Common Stock | 715 | $95.60 | $68K |
Holdings After Transaction:
Restricted Stock Units — 1,944 shares (Direct);
Stock Options (Right to Buy) — 36,259 shares (Direct);
Common Stock — 101,393 shares (Direct)
Footnotes (1)
- Represents restricted stock units originally granted on February 22, 2022, which vest in four equal annual installments beginning on February 22, 2023, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof. Represents restricted stock units originally granted on February 23, 2023, which vest in four equal annual installments beginning on February 23, 2024, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof. Represents shares withheld to pay taxes applicable to vesting of restricted stock units. These restricted stock units vest in four equal annual installments beginning on February 23, 2027, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof. These stock options vest in four substantially equal annual installments beginning on February 23, 2027.
FAQ
What insider transactions did Ingersoll Rand (IR) CFO Vikram Kini report?
Vikram Kini reported vesting of restricted stock units into common shares, new grants of restricted stock units and stock options, and share dispositions to cover tax withholding. These transactions reflect routine equity compensation rather than open-market buying or selling activity.
How many new restricted stock units did the IR CFO receive in this Form 4?
Vikram Kini received a grant of 14,636 restricted stock units. According to the filing, these units vest in four equal annual installments starting on February 23, 2027, and each unit will be settled in stock, cash, or a combination upon vesting.
What stock option grant was reported for Ingersoll Rand (IR) CFO Vikram Kini?
The filing shows a grant of 36,259 stock options to Vikram Kini. These options vest in four substantially equal annual installments beginning on February 23, 2027, providing long-term, performance-linked compensation tied to Ingersoll Rand’s common stock.
When do the newly granted IR restricted stock units and options start vesting?
Both the newly granted restricted stock units and stock options begin vesting on February 23, 2027. Vesting occurs in four equal or substantially equal annual installments, aligning compensation with longer-term service and performance at Ingersoll Rand.