Director Mary Laschinger receives 909 ITT (NYSE: ITT) restricted stock units
Rhea-AI Filing Summary
Laschinger Mary A reported acquisition or exercise transactions in this Form 4 filing.
ITT Inc. director Mary A. Laschinger received an equity grant of 909 shares of Common Stock in the form of restricted stock units. The award was made at no cash cost to her, as the price per share is listed as $0.00.
After this grant, she directly holds 1,949 shares of ITT Common Stock. All of the restricted stock units from this award are scheduled to vest on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders, tying the award’s vesting to that future corporate governance date.
Positive
- None.
Negative
- None.
Insights
Director received a routine equity grant that modestly increases her stake.
Director Mary A. Laschinger was granted 909 restricted stock units of ITT Inc. common stock at a stated price of $0.00 per share, bringing her direct holdings to 1,949 shares. This is characterized as a grant or award, not a market purchase.
The footnote states all units are scheduled to vest on the business day immediately prior to the 2027 Annual Meeting of Shareholders, aligning vesting with board service through that date. Such equity awards are typical for directors and do not, by themselves, signal a change in market outlook.
There are no derivative positions reported in this filing and no sales, exercises, or tax-withholding transactions. From an investor perspective, this appears to be routine board compensation rather than a directional trade, so its standalone impact on an investment thesis is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 909 | $0.00 | -- |
Footnotes (1)
- [object Object]