ITT executive granted 1,460 restricted stock units
Savinelli Michael reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,460 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
2011 Omnibus Incentive Plan financial
401(k) Plan financial
Grant, award, or other acquisition financial
FAQ
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What did ITT (ITT) executive Michael Savinelli report in this Form 4?
What is the vesting schedule for Michael Savinelli’s new ITT (ITT) restricted stock units?
Is Michael Savinelli’s Form 4 transaction in ITT (ITT) a buy or a sale of stock?
Under which plan were Michael Savinelli’s ITT (ITT) restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.