Ingersoll Rand (IR) VP receives stock from RSU vesting, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingersoll Rand Inc. vice president and chief accounting officer Michael J. Scheske reported equity award activity involving restricted stock units and common stock. On February 26, 2026, 562 restricted stock units vested and were converted into 562 shares of common stock, with 244 shares of common stock withheld at $94.53 per share to cover taxes on the vesting. On February 27, 2026, 449 restricted stock units vested and were converted into 449 shares of common stock, with 195 shares of common stock withheld at $94.14 per share to satisfy tax obligations. Following these transactions, Scheske directly owned 13,477.179 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,011 shares exercised/converted
Mixed
6 txns
Insider
Scheske Michael J
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 449 | $0.00 | -- |
| Exercise | Common Stock | 449 | $0.00 | -- |
| Tax Withholding | Common Stock | 195 | $94.14 | $18K |
| Exercise | Restricted Stock Units | 562 | $0.00 | -- |
| Exercise | Common Stock | 562 | $0.00 | -- |
| Tax Withholding | Common Stock | 244 | $94.53 | $23K |
Holdings After Transaction:
Restricted Stock Units — 899 shares (Direct);
Common Stock — 13,672.179 shares (Direct)
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.
FAQ
What insider transactions did Ingersoll Rand (IR) report for Michael J. Scheske?
Ingersoll Rand reported that Michael J. Scheske had restricted stock units vest and convert into common shares, with a portion of the resulting shares withheld to cover tax obligations related to the vesting events on February 26 and 27, 2026.
How many Ingersoll Rand (IR) restricted stock units vested for Michael J. Scheske?
A total of 562 restricted stock units vested on February 26, 2026, and 449 restricted stock units vested on February 27, 2026. Each vested unit was settled by delivering one share of Ingersoll Rand common stock or an equivalent cash amount, per the award terms.
What does transaction code "M" mean in the Ingersoll Rand (IR) Form 4?
In this Form 4, code "M" indicates the exercise or conversion of derivative securities, namely restricted stock units converting into common stock. The transactions show RSUs originally granted in 2024 and 2025 being settled in shares as scheduled vesting installments occurred.
What does transaction code "F" indicate in Michael J. Scheske’s Ingersoll Rand (IR) filing?
Code "F" indicates payment of tax liability by delivering securities. In this case, shares of Ingersoll Rand common stock were withheld from the vested restricted stock units to satisfy withholding taxes, rather than representing an open-market sale of shares.