Director at ITT Inc. (NYSE: ITT) corrects stock award details
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Berryman Kevin C reported acquisition or exercise transactions in this Form 4 filing.
ITT Inc. director Kevin C. Berryman updated his reported equity award to reflect the correct number of restricted stock units granted on May 21, 2026. The amended filing shows a grant of 935 shares of common stock at no cost, bringing his beneficial ownership to 4,063 shares after the award. The amendment corrects an earlier Form 4 that had inadvertently underreported this award and the resulting holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berryman Kevin C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 935 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,063 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award: 935 shares
Post-transaction holdings: 4,063 shares
Grant price: $0.00 per share
3 metrics
Equity award
935 shares
Common stock granted on May 21, 2026
Post-transaction holdings
4,063 shares
Beneficial ownership following May 21, 2026 grant
Grant price
$0.00 per share
Equity compensation, not open-market purchase
Key Terms
restricted stock units, beneficially owned, Grant, award, or other acquisition
3 terms
restricted stock units financial
"underreported the number of restricted stock units that were awarded on May 21, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"the resulting total number of shares beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did ITT (ITT) report for Kevin C. Berryman?
ITT reported that director Kevin C. Berryman received a grant of 935 shares of common stock. The award, granted at no cost, arose from restricted stock units and increased his beneficial ownership to 4,063 shares following the May 21, 2026 transaction.
Why was this ITT (ITT) Form 4/A filed as an amendment?
The Form 4/A was filed to correct an error in a prior Form 4. That earlier filing had inadvertently underreported the number of restricted stock units granted on May 21, 2026, and therefore understated Berryman’s resulting beneficial ownership after the award.
Does this ITT (ITT) Form 4/A indicate any stock sales by Kevin C. Berryman?
The Form 4/A does not report any sales; it shows only an acquisition of 935 shares. The transaction is classified as a “Grant, award, or other acquisition,” updating his beneficial ownership to 4,063 shares with no indicated dispositions on May 21, 2026.