STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

ITT CEO Luca Savi Disposes 68,026 Shares; Sales Fund Home Purchase

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

ITT Inc. insider sales by President and CEO Luca Savi: Mr. Savi sold a total of 68,026 shares of ITT common stock in multiple transactions on 08/07/2025 and 08/08/2025, executing tranche weighted-average prices shown in the filing (approximately $164.6451, $165.2692, $165.478 and $166.5205). The filing discloses sale price ranges across trades from a low of $163.97 to a high of $166.8150 per share.

The filing states the sales were made to facilitate Mr. Savi's purchase of a new personal residence and that he terminated a previously disclosed Rule 10b5-1 trading arrangement that had been adopted for the same purpose. After the reported transactions, Mr. Savi beneficially owns 265,895 shares (which include 398 shares acquired under ITTInc.2023 Employee Stock Purchase Plan).

Positive

  • None.

Negative

  • None.

Insights

TL;DR: CEO Luca Savi sold 68,026 ITT shares in two days at weighted-average prices near $165; sales were for a personal home purchase—neutral market impact.

Detailed analysis: The reported disposals total 68,026 shares across 08/07/2025 and 08/08/2025 in multiple transactions with tranche weighted-average prices of $164.6451, $165.2692, $165.478 and $166.5205, and disclosed trade price ranges from $163.97 to $166.8150. The sales were described as funding a personal residence purchase and followed termination of a prior 10b5-1 plan. The reporting person still holds 265,895 shares, indicating continued equity exposure despite the disposals.

TL;DR: Insider disclosed personal-purpose sales and termination of a prior trading plan; disclosure clarity is good, governance impact appears limited.

Detailed analysis: The Form 4 explicitly states the purpose of the sales (purchase of a new personal residence) and notes termination of a previously disclosed Rule 10b5-1 arrangement. The filing provides weighted-average prices and inclusive ranges for the multiple trades, which supports transparency. Post-transaction beneficial ownership is reported as 265,895 shares, including 398 ESPP shares. From a governance standpoint, the disclosure is complete and customary for a personal liquidity event by a senior executive.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Savi Luca

(Last) (First) (Middle)
C/O ITT INC. 100 WASHINGTON BLVD
6TH FLOOR

(Street)
STAMFORD CT 06902

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ITT INC. [ ITT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/07/2025 S 29,436 D $164.6451(1) 304,485(2) D(6)
Common Stock 08/07/2025 S 6,949 D $165.2692(3) 297,536 D(6)
Common Stock 08/08/2025 S 31,520 D $165.478(4) 266,016 D(6)
Common Stock 08/08/2025 S 121 D $166.5205(5) 265,895 D(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $163.97 to a high of $164.9550 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth with respect to this transaction and all sale transactions reported in this Form 4 as described in footnotes 3-5.
2. Includes 398 shares of Common Stock acquired under the ITT Inc. 2023 Employee Stock Purchase Plan.
3. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $164.97 to a high of $165.6950 per share, inclusive.
4. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $165.09 to a high of $166.05 per share, inclusive
5. Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $166.18 to a high of $166.8150 per share, inclusive.
6. The sales are being made to facilitate the Reporting Person's purchase of a new personal residence near ITT Inc.'s headquarters. Prior to executing the reported transactions, the Reporting Person terminated a previously disclosed Rule 10b5-1 trading arrangement that he had adopted for the same purpose.
/s/ Tymour Okasha, Assistant Secretary for ITT Inc.; by Power of Attorney for Luca Savi 08/11/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who reported the insider transaction for ITT (ITT)?

The reporting person is Luca Savi, who is identified as President and CEO and a Director of ITT Inc.

How many ITT shares did the insider sell and on what dates?

The Form 4 reports sales totaling 68,026 shares in multiple transactions on 08/07/2025 and 08/08/2025.

At what prices were the ITT shares sold?

The filing lists tranche weighted-average prices of $164.6451, $165.2692, $165.478 and $166.5205, with disclosed trade price ranges from $163.97 to $166.8150 per share.

Why were the ITT shares sold according to the filing?

The filing states the sales were made to facilitate the Reporting Person's purchase of a new personal residence.

How many ITT shares does the reporting person own after the transactions?

After the reported transactions the reporting person beneficially owns 265,895 shares, which include 398 shares acquired under the ITT Inc. 2023 Employee Stock Purchase Plan.
Itt Inc

NYSE:ITT

ITT Rankings

ITT Latest News

ITT Latest SEC Filings

ITT Stock Data

14.09B
77.54M
0.58%
96.39%
1.6%
Specialty Industrial Machinery
Pumps & Pumping Equipment
Link
United States
STAMFORD