ITT (NYSE: ITT) director Maggie Chu granted 909 restricted stock units vesting in 2027
Rhea-AI Filing Summary
ITT Inc. director Maggie Chu reported receiving an equity award tied to her board service. She acquired 909 shares of common stock at no cash cost, described as restricted stock units that are scheduled to vest on the business day immediately before the ITT 2027 Annual Meeting of Shareholders. After this grant, she directly holds 2,561 common shares.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant with time-based vesting.
Director Maggie Chu received 909 restricted stock units of ITT Inc. common stock as a compensation-related award, at a stated price of $0.0000 per share. This adds to her direct ownership, bringing total common shares to 2,561 after the transaction.
The award is scheduled to vest in full on the business day immediately prior to the company’s 2027 Annual Meeting of Shareholders, indicating a time-based vesting schedule linked to continued board service. There are no derivative positions disclosed in this filing.
As a non-market transaction coded "A" (grant, award, or other acquisition), this event is typically seen as routine director compensation rather than a signal about the director’s view of the stock. Future filings around the 2027 meeting may show settlement of these units into common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 909 | $0.00 | $0.00 |
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
Key Terms
restricted stock units financial
transaction code "A" regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.