Stock awards and tax withholdings for ITT (NYSE: ITT) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ITT Inc. officer Bartlomiej Makowiecki reported stock-based compensation activity involving ITT common stock. On March 3, 2026, he acquired 8,444 shares upon settlement of performance units granted under the ITT Inc. 2011 Omnibus Incentive Plan after the related performance goals were met, and shares were withheld to cover taxes, with 3,067 shares and 1,418 shares withheld based on the average high/low price of $190.39 on that date.
On March 4, 2026, he received an additional 4,100-share restricted stock unit award under the same plan, which is scheduled to vest on March 4, 2029. All transactions are reported as direct ownership by Makowiecki and consist of awards and tax-withholding dispositions rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Makowiecki Bartlomiej
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,100 | $0.00 | -- |
| Grant/Award | Common Stock | 8,444 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,067 | $190.39 | $584K |
| Tax Withholding | Common Stock | 1,418 | $190.39 | $270K |
Holdings After Transaction:
Common Stock — 30,307 shares (Direct)
Footnotes (1)
- Acquired upon the settlement of performance units granted under the ITT Inc. 2011 Omnibus Incentive Plan (the "Plan") on March 3, 2023 as a result of the satisfaction of the performance criteria underlying the award. Reflects the withholding of shares of common stock to pay the tax liability incident to the settlement of performance units on March 3, 2026, as described in footnote (1) above. The number of shares withheld was determined on March 3, 2026 based on the average of the high/low price of the issuer's common stock on March 3, 2026. Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting on March 3, 2026 of restricted stock units granted under the Plan on March 3, 2023. The number of shares withheld was determined on March 3, 2026 based on the average of the high/low price of the issuer's common stock on March 3, 2026. Reflects an award of restricted stock units under the Plan, all of which are scheduled to vest on March 4, 2029.
FAQ
What did ITT (ITT) insider Bartlomiej Makowiecki report in this Form 4?
Bartlomiej Makowiecki reported stock-based compensation activity in ITT common stock. He received performance-based and restricted stock unit awards, and some shares were withheld to cover tax liabilities related to those awards, rather than being bought or sold on the open market.
Were any of Bartlomiej Makowiecki’s ITT (ITT) transactions open-market sales?
No, the reported dispositions were not open-market sales. Shares totaling 3,067 and 1,418 were withheld to pay tax liabilities arising from the settlement and vesting of equity awards, using the average high/low ITT stock price of $190.39 on March 3, 2026.
What is the nature of the ITT (ITT) performance units mentioned in the filing?
The performance units were granted under the ITT Inc. 2011 Omnibus Incentive Plan on March 3, 2023. They settled on March 3, 2026 when the performance criteria were satisfied, resulting in an 8,444-share acquisition of ITT common stock by Bartlomiej Makowiecki.
When do Bartlomiej Makowiecki’s new ITT (ITT) restricted stock units vest?
The newly granted restricted stock units, reflected as a 4,100-share award under ITT’s 2011 Omnibus Incentive Plan, are scheduled to vest on March 4, 2029. These units represent future shares that will be delivered if vesting conditions are met over time.