ITT (NYSE: ITT) CFO amends Form 4 to fix tax-withheld shares
Rhea-AI Filing Summary
ITT INC. Senior Vice President & CFO Emmanuel Caprais filed an amended insider report to correct prior tax-withholding entries on company stock. On March 3, 2026, a total of 11,278 shares of common stock were disposed of at $190.39 per share to cover tax liabilities tied to equity compensation.
The amendment clarifies that 7,994 shares were withheld in connection with the settlement of performance units and 3,284 shares were withheld upon vesting of restricted stock units granted on March 3, 2023. After these corrections, Caprais is reported to beneficially own 45,168 shares of ITT common stock directly. These dispositions were tax-withholding events rather than open-market sales.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,994 | $190.39 | $1.52M |
| Exercise Price or Tax Liability | Common Stock | 3,284 | $190.39 | $625K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The original Form 4 filed by the Reporting Person on March 5, 2026 inadvertently overreported the number of shares of common stock that were withheld for tax withholding to pay the tax liability incident to the settlement of performance units on March 3, 2026, as described in the original Form 4. The amount reported herein corrects the number of shares that were withheld on March 3, 2026 with respect to such settlement.
- F2. The original Form 4 filed by the Reporting Person on March 5, 2026 inadvertently overreported the number of shares of common stock that were withheld for tax withholding to pay the tax liability incident to the vesting on March 3, 2026 of restricted stock units granted on March 3, 2023, as described in the original Form 4. The amount reported herein corrects the number of shares that were withheld on March 3, 2026 with respect to such vesting.
- F3. The amount reported herein corrects the resulting total number of shares beneficially owned by the Reporting Person following all transactions reported in the original Form 4, as corrected by this amendment.
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