ITT Inc. (NYSE: ITT) awards 915 restricted stock units to SVP Guhde
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ITT Inc. senior executive Michael Guhde, SVP and President of CCT, reported an equity award under the company’s 2011 Omnibus Incentive Plan. He acquired 915 shares of common stock in the form of restricted stock units, all scheduled to vest on March 4, 2029. Following this grant, his directly held common stock increased to 6,168 shares. The award was recorded at a price of $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Guhde Michael
Role
SVP and President, CCT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 915 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,168 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did ITT (ITT) report for Michael Guhde?
ITT reported that executive Michael Guhde received an equity award of 915 restricted stock units. These units were granted under the ITT Inc. 2011 Omnibus Incentive Plan and are scheduled to vest in full on March 4, 2029, subject to continued service conditions.
Was the ITT (ITT) Form 4 for a stock purchase or an award?
The Form 4 reflects a stock-based award, not an open-market purchase. Michael Guhde received 915 restricted stock units at a recorded price of $0.00 per share as part of his compensation, granted under ITT’s 2011 Omnibus Incentive Plan.
When do Michael Guhde’s ITT (ITT) restricted stock units vest?
All 915 restricted stock units granted to Michael Guhde are scheduled to vest on March 4, 2029. Until vesting, the units generally remain subject to the plan’s terms and conditions, including potential forfeiture if service or other requirements are not satisfied.
What plan governs the equity award reported in ITT (ITT) Michael Guhde’s Form 4?
The award is granted under the ITT Inc. 2011 Omnibus Incentive Plan. This plan authorizes the company to issue restricted stock units and other equity awards to executives and employees as part of their long-term compensation structure and retention incentives.