STOCK TITAN

ITT Inc. (ITT) executive receives 1,460-share restricted stock unit award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Savinelli Michael reported acquisition or exercise transactions in this Form 4 filing.

ITT Inc. executive Michael Savinelli reported an equity compensation grant rather than an open-market trade. He received an award of 1,460 shares of common stock as restricted stock units at $0.0000 per share under the ITT Inc. 2011 Omnibus Incentive Plan. These units are scheduled to vest in three equal installments on May 8, 2027, May 8, 2028, and May 8, 2029, providing a long-term incentive tied to future service and company performance. Following this grant, he holds 27,024 shares of common stock directly and 693 shares indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Savinelli Michael
Role See Remarks
Type Security Shares Price Value
Grant/Award Common Stock 1,460 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 27,024 shares (Direct, null); Common Stock — 693 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. [object Object]
RSU grant 1,460 shares Restricted stock unit award of common stock
Grant price $0.0000 per share Reported price for RSU acquisition
Direct holdings after grant 27,024 shares Common stock held directly after transaction
Indirect 401(k) holdings 693 shares Common stock held indirectly via 401(k) plan
First vesting date May 8, 2027 First installment of RSUs vests
Second vesting date May 8, 2028 Second installment of RSUs vests
Third vesting date May 8, 2029 Final installment of RSUs vests
restricted stock units financial
"Reflects an award of restricted stock units under the ITT Inc. 2011 Omnibus Incentive Plan"
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.
2011 Omnibus Incentive Plan financial
"award of restricted stock units under the ITT Inc. 2011 Omnibus Incentive Plan"
401(k) Plan financial
"total_shares_following_transaction: 693.0000, nature_of_ownership: By 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Savinelli Michael

(Last)(First)(Middle)
C/O ITT INC. 100 WASHINGTON BLVD
6TH FLOOR

(Street)
STAMFORD CONNECTICUT 06902

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ITT INC. [ ITT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/08/2026A1,460(1)A$0.027,024D
Common Stock693IBy 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects an award of restricted stock units under the ITT Inc. 2011 Omnibus Incentive Plan, which are scheduled to vest ratably on each of May 8, 2027, May 8, 2028, and May 8, 2029.
Remarks:
Vice President, Interim Chief Financial Officer, Treasurer, Chief Tax Officer & Assistant Secretary
Tymour Okasha, Assistant Secretary for ITT Inc.; by Power of Attorney for Michael Savinelli05/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did ITT (ITT) executive Michael Savinelli report in this Form 4?

Michael Savinelli reported receiving an equity compensation grant of 1,460 shares of ITT common stock as restricted stock units. The award is part of his compensation package and does not represent an open-market purchase of shares.

How many ITT (ITT) shares were granted to Michael Savinelli and at what price?

He was granted 1,460 shares of ITT common stock in the form of restricted stock units at a reported price of $0.0000 per share. This reflects a compensation grant, not a cash purchase on the open market.

What is the vesting schedule for Michael Savinelli’s new ITT (ITT) restricted stock units?

The 1,460 restricted stock units are scheduled to vest in three equal installments. They vest ratably on May 8, 2027, May 8, 2028, and May 8, 2029 under the ITT Inc. 2011 Omnibus Incentive Plan.

How many ITT (ITT) shares does Michael Savinelli hold after this Form 4 grant?

After the grant, he holds 27,024 shares of ITT common stock directly and 693 shares indirectly through a 401(k) plan. These figures reflect his reported ownership following the award of restricted stock units.

Is Michael Savinelli’s Form 4 transaction in ITT (ITT) a buy or a sale of stock?

The filing shows an acquisition through a grant, not a market buy or sale. The 1,460 shares were received as a restricted stock unit award under a company incentive plan, rather than purchased or sold on an exchange.

Under which plan were Michael Savinelli’s ITT (ITT) restricted stock units granted?

The award was granted under the ITT Inc. 2011 Omnibus Incentive Plan. This plan provides equity-based compensation such as restricted stock units that vest over time to align executives’ interests with long-term shareholder outcomes.