Director at ITT (NYSE: ITT) receives 909-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ITT INC. director Rebecca Ann McDonald reported an equity award of 909 shares of common stock in the form of restricted stock units, granted at no cash cost. These units are scheduled to vest on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders.
Following this award, she directly holds a total of 25,176.87 shares of ITT common stock, which includes 627.87 shares accumulated under a dividend reinvestment plan. This filing reflects a compensation-related share acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCDONALD REBECCA ANN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 909 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,176.87 shares (Direct, null)
Footnotes (1)
- 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. Includes 627.870 shares under a dividend reinvestment plan.
Key Figures
RSU grant size: 909 shares
Grant price: $0.0000 per share
Total shares after award: 25,176.87 shares
+2 more
5 metrics
RSU grant size
909 shares
Restricted stock unit award on 2026-05-21
Grant price
$0.0000 per share
Compensation-related equity award, no cash cost
Total shares after award
25,176.87 shares
Direct holdings following the RSU grant
Dividend reinvestment holdings
627.87 shares
Portion of holdings from dividend reinvestment plan
Vesting timing
Business day before 2027 annual meeting
All RSUs scheduled to vest before ITT 2027 Annual Meeting
Key Terms
restricted stock units, dividend reinvestment plan, Annual Meeting of Shareholders, Common Stock
4 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.
dividend reinvestment plan financial
"Includes 627.870 shares under a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
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.
FAQ
What insider transaction did ITT (ITT) report for Rebecca Ann McDonald?
ITT reported that director Rebecca Ann McDonald received an equity award of 909 restricted stock units of common stock. The grant is compensation-related, carries no cash exercise price, and will increase her direct ownership once the units vest before the 2027 annual meeting.
What are the vesting terms of the 909 restricted stock units at ITT (ITT)?
The 909 restricted stock units are scheduled to vest on the business day immediately before ITT’s 2027 Annual Meeting of Shareholders. Vesting means the director will receive the underlying common shares at that time, assuming continued service and any applicable conditions.