Director at Ingersoll Rand (IR) granted 2,341 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sohovich JoAnna reported acquisition or exercise transactions in this Form 4 filing.
Ingersoll Rand Inc. director JoAnna Sohovich reported receiving a grant of 2,341 restricted stock units. These units were awarded at no cash cost to her and represent a form of equity-based compensation. The restricted stock units are scheduled to vest on February 23, 2027, and upon vesting each unit will be settled in either one share of common stock, an equivalent cash amount, or a combination of stock and cash, providing future value tied to the company’s performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sohovich JoAnna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,341 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,341 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ingersoll Rand (IR) report for JoAnna Sohovich?
Ingersoll Rand reported that director JoAnna Sohovich received 2,341 restricted stock units as an equity award. These units were granted at no cash cost and represent deferred compensation that can convert into common stock or cash upon vesting, aligning her interests with shareholders.
How many restricted stock units did JoAnna Sohovich acquire at Ingersoll Rand (IR)?
JoAnna Sohovich acquired 2,341 restricted stock units from Ingersoll Rand. This equity grant increases her direct holdings of stock-based awards, providing potential future ownership in common shares or equivalent cash value when the units vest and are settled.
When do JoAnna Sohovich’s restricted stock units at Ingersoll Rand (IR) vest?
The restricted stock units granted to JoAnna Sohovich vest on February 23, 2027. On that date, each vested unit will be settled in one share of Ingersoll Rand common stock, an equivalent cash amount, or a mix of both, according to the award terms.
What can JoAnna Sohovich receive when her Ingersoll Rand (IR) restricted stock units vest?
Upon vesting, each of JoAnna Sohovich’s restricted stock units will be settled by delivering one share of Ingersoll Rand common stock, an equivalent amount of cash, or a combination. The settlement form provides flexibility while still tying compensation to the company’s equity value.
Is JoAnna Sohovich’s Form 4 transaction at Ingersoll Rand (IR) a purchase or an award?
The Form 4 transaction is an award, not an open-market purchase. JoAnna Sohovich received 2,341 restricted stock units as a grant of equity compensation, with no transaction price per unit, reflecting stock-based incentives rather than a cash-funded share acquisition.