Ingersoll Rand (IR) CFO Kini receives 16,556 shares from performance stock vesting
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 in company stock. On February 6, 2026, he acquired 16,556 shares of Ingersoll Rand common stock at $0 per share upon vesting of previously granted performance-based restricted stock units that were settled one-for-one into shares.
On the same date, 5,726 shares of common stock were withheld at $98.50 per share to cover taxes related to this vesting. After these transactions, Kini directly held 98,517 shares of Ingersoll Rand common stock. Both transactions reflect compensation and tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kini Vikram
Role
Senior Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,556 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,726 | $98.50 | $564K |
Holdings After Transaction:
Common Stock — 104,243 shares (Direct)
Footnotes (1)
- On February 23, 2023, the Reporting Person was granted restricted stock units subject to performance-based vesting conditions. On February 6, 2026, these units were certified as meeting the performance threshold that resulted in vesting of the number of restricted stock units reported above and these restricted stock units, which were not previously reported, were deemed earned and vested immediately and settled into shares of common stock on a one-for-one basis. Represents shares withheld to pay taxes applicable to vesting of performance-based restricted stock units described herein.
FAQ
What insider transaction did Ingersoll Rand (IR) report for Vikram Kini?
Ingersoll Rand reported that Senior Vice President and CFO Vikram Kini acquired 16,556 shares of common stock through vesting of performance-based restricted stock units. These units were previously granted and settled into shares once performance thresholds were certified as met on February 6, 2026.
What does the zero-price stock acquisition mean in the Ingersoll Rand (IR) Form 4?
The zero-price acquisition of 16,556 Ingersoll Rand shares indicates equity compensation vesting, not a market purchase. The shares came from performance-based restricted stock units granted earlier, which vested and converted into common stock at no cash cost to Vikram Kini on February 6, 2026.
Are the Ingersoll Rand (IR) Form 4 transactions open-market trades by the CFO?
The reported transactions are not open-market trades. They reflect automatic settlement of performance-based restricted stock units into 16,556 shares and the withholding of 5,726 shares to cover related taxes, all occurring as part of Ingersoll Rand’s equity compensation arrangements for the CFO.
What performance conditions affected the Ingersoll Rand (IR) restricted stock units?
The restricted stock units granted to Vikram Kini on February 23, 2023, were subject to performance-based vesting conditions. On February 6, 2026, those units were certified as meeting the required performance threshold, causing them to be deemed earned, vest immediately, and settle into common stock shares.