Ingersoll Rand (NYSE: IR) officer details RSU vesting, tax shares
Rhea-AI Filing Summary
Ingersoll Rand Inc. officer Andrew R. Schiesl reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding.
On February 26 and 27, 2026, RSUs originally granted on February 27, 2024 and February 26, 2025 vested and were converted into shares of common stock at no exercise price. Upon vesting, each RSU was settled in one share of common stock, cash, or a combination, as provided in the award terms.
To cover taxes due on these vestings, a portion of the newly delivered common shares was withheld and disposed of at prices of $94.53 and $94.14 per share, characterized as payment of tax liabilities rather than open-market selling. After these transactions, Schiesl directly held 13,831 shares of common stock and 2,811 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 813 | $0.00 | -- |
| Exercise | Common Stock | 813 | $0.00 | -- |
| Tax Withholding | Common Stock | 353 | $94.14 | $33K |
| Exercise | Restricted Stock Units | 937 | $0.00 | -- |
| Exercise | Common Stock | 937 | $0.00 | -- |
| Tax Withholding | Common Stock | 407 | $94.53 | $38K |
Footnotes (1)
- Represents restricted stock units originally granted on February 26, 2025, which vest in four equal annual installments beginning on February 26, 2026, 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 27, 2024, which vest in four equal annual installments beginning on February 27, 2025, 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.