ITT Inc. (NYSE: ITT) grants director 756 restricted stock units
Rhea-AI Filing Summary
Wheeler Kevin J. reported acquisition or exercise transactions in this Form 4 filing.
ITT Inc. reported that director Kevin J. Wheeler received an award of 756 restricted stock units representing common stock on 2026-08-01. The units were granted at $0.0000 per share and are scheduled to vest on the business day immediately before ITT's 2027 Annual Meeting of Shareholders, leaving Wheeler with 756 units reported as directly held.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 756 shares
Net Buy
1 txn
Insider
Wheeler Kevin J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 756 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 756 shares (Direct)
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
Restricted stock units awarded: 756 units
Grant price per unit: $0.0000 per share
Units held after transaction: 756
3 metrics
Restricted stock units awarded
756 units
Grant to director Kevin J. Wheeler on 2026-08-01
Grant price per unit
$0.0000 per share
Reported price for the restricted stock unit award
Units held after transaction
756
Total common stock equivalent units reported as directly held after the award
Key Terms
restricted stock units, vest, Annual Meeting of Shareholders
3 terms
restricted stock units financial
"Reflects an award of restricted stock units, all of which are scheduled"
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.
vest financial
"all of which are scheduled to vest on the business day immediately prior"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did ITT (ITT) grant to director Kevin J. Wheeler?
ITT granted Kevin J. Wheeler 756 restricted stock units representing common stock. The award was reported with a per-share price of $0.0000, indicating a standard equity compensation grant rather than a market purchase.
When will Kevin J. Wheeler's 756 ITT (ITT) restricted stock units vest?
All 756 restricted stock units are scheduled to vest on the business day immediately prior to ITT's 2027 Annual Meeting of Shareholders, according to the award footnote describing the vesting schedule.
Was Kevin J. Wheeler's ITT (ITT) award made under a Rule 10b5-1 plan?
The filing's Rule 10b5-1 checkbox is not marked as affirmative, indicating the reported award was not designated as being made pursuant to a Rule 10b5-1 trading plan.