Ingersoll Rand (IR) director receives 2,448 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Swanenburg Michelle reported acquisition or exercise transactions in this Form 4 filing.
Ingersoll Rand Inc. director Michelle Swanenburg reported receiving a grant of 2,448 restricted stock units. The award was made at a stated price of $0.0000 per unit and is held as a direct ownership position.
These restricted stock units are scheduled to vest on February 23, 2027. 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 equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Swanenburg Michelle
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,448 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,448 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ingersoll Rand (IR) report for Michelle Swanenburg?
Ingersoll Rand reported that director Michelle Swanenburg received a grant of 2,448 restricted stock units. These units were awarded at a stated price of $0.0000 per unit and represent a form of equity-based compensation tied to the company’s future performance.
When do Michelle Swanenburg’s restricted stock units at Ingersoll Rand (IR) vest?
The 2,448 restricted stock units granted to Michelle Swanenburg vest on February 23, 2027. Vesting means she becomes entitled to settlement of the units, subject to any applicable continued service or other conditions specified in the company’s equity compensation arrangements.
How will Michelle Swanenburg’s Ingersoll Rand (IR) restricted stock units be settled at vesting?
Upon vesting, each restricted stock unit will be settled by delivery of one share of Ingersoll Rand common stock, an equivalent cash amount, or a combination of stock and cash. The specific settlement form will follow the company’s plan terms and administrative decisions.
What type of security did Michelle Swanenburg acquire in the Ingersoll Rand (IR) Form 4 filing?
Michelle Swanenburg acquired derivative securities in the form of restricted stock units. These units represent a contractual right to receive common stock, cash, or both upon vesting, rather than immediate ownership of common shares on the grant date.
Is Michelle Swanenburg’s ownership of the Ingersoll Rand (IR) restricted stock units direct or indirect?
The Form 4 indicates that Michelle Swanenburg’s ownership of the 2,448 restricted stock units is direct. Direct ownership means the award is recorded in her name rather than through an intermediary entity such as a trust, partnership, or family investment vehicle.