ITT Inc. (NYSE: ITT) awards 756 restricted stock units to board director
Rhea-AI Filing Summary
ITT Inc. director Bertrand Loy reported an acquisition of 756 shares of common stock through a grant of restricted stock units. The award was recorded at $0.0000 per share and is scheduled to vest on the business day immediately prior to ITT's 2027 Annual Meeting of Shareholders, after which the units are expected to settle in shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 756 shares
Net Buy
1 txn
Insider
LOY BERTRAND
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 756 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 756 shares (Direct)
Footnotes (1)
- F1. Reflects an award of restricted stock units, all of which are scheduled to vest on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders.
Key Figures
Restricted stock units granted: 756.0000 shares
Shares held after transaction: 756.0000 shares
Reported grant price: 0.0000 per share
+1 more
4 metrics
Restricted stock units granted
756.0000 shares
Grant of ITT Inc. common stock RSUs to director Bertrand Loy on 2026-08-01
Shares held after transaction
756.0000 shares
Total direct common stock holdings reported for Bertrand Loy following the award
Reported grant price
0.0000 per share
Stated price per share for the restricted stock unit award
Vesting reference year
2027
RSUs vest on the business day immediately prior to the 2027 Annual Meeting of Shareholders
Key Terms
restricted stock units, Annual Meeting of Shareholders, Common Stock
3 terms
restricted stock units financial
"Reflects an award of restricted stock units, all of which are scheduled to vest"
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ITT (ITT) director Bertrand Loy report?
Bertrand Loy reported an acquisition of 756 shares of ITT Inc. common stock via a restricted stock unit grant. The award carries a reported price of $0.0000 per share and represents his direct holdings following this transaction.
What type of equity award did ITT (ITT) grant to director Bertrand Loy?
ITT Inc. granted Bertrand Loy restricted stock units representing 756 shares of common stock. These units were acquired at a stated price of $0.0000 per share and will vest in full immediately prior to the company’s 2027 Annual Meeting of Shareholders.
When will Bertrand Loy’s ITT (ITT) restricted stock units vest?
All of Bertrand Loy’s restricted stock units are scheduled to vest on the business day immediately prior to ITT’s 2027 Annual Meeting of Shareholders. Vesting must occur before the underlying common shares are delivered and become freely owned.
Was Bertrand Loy’s ITT (ITT) equity award reported under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for this transaction. The reported acquisition is a grant of restricted stock units rather than an open-market trade executed under a pre-arranged plan.