Keene Kathleen M. 4
Research Summary
AI-generated summary
Ingersoll Rand (IR) CHRO Kathleen Keene Receives RSU Award
What Happened
Kathleen M. Keene, Senior Vice President and Chief Human Resources Officer at Ingersoll Rand (IR), had 5,518 performance-based restricted stock units (RSUs vest) on February 6, 2026. The RSUs were settled one-for-one into 5,518 shares (aggregate value ≈ $543,523 at $98.50/share). To satisfy tax withholding, 1,640 shares were surrendered (disposed) at $98.50 each, representing tax withholding of $161,540; Keene received a net of 3,878 shares (≈ $381,983).
Key Details
- Transaction date: February 6, 2026 (reported on Form 4 filed Feb 10, 2026). Filing appears timely.
- Award vesting: 5,518 RSUs vested and settled into 5,518 shares (code A – award/acquisition).
- Tax withholding: 1,640 shares withheld to cover taxes (code F – tax withholding/disposition) at $98.50/share = $161,540.
- Net shares received: 3,878 shares after withholding.
- Footnotes: RSUs were granted Feb 23, 2023 with performance-based vesting; on Feb 6, 2026 performance threshold certified, units deemed earned and settled one-for-one. Withheld shares represent taxes due on vesting.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
Context
This was a vesting/settlement of performance RSUs, not an open-market buy or sale. The tax-related disposition (F) is routine: companies commonly withhold shares to satisfy tax obligations when equity awards vest. Such awards reflect compensation realization rather than a directional buy/sell signal by the insider.