Ingersoll Rand Inc.·4

Feb 10, 6:00 PM ET

Weatherred Michael A 4

Research Summary

AI-generated summary

Updated

Ingersoll Rand (IR) SVP Michael Weatherred Receives 9,198-Share Award

What Happened

  • Michael Weatherred, Senior Vice President, Precision & Science Technologies (PST) Segment — Demand Generation and Execution, had 9,198 performance-based restricted stock units (RSUs) vest on Feb 6, 2026. Those RSUs were settled one-for-one into 9,198 shares of common stock (total value ≈ $906,003 at $98.50 per share).
  • To cover tax obligations, 2,756 of the newly issued shares were withheld (disposed) at $98.50 each, generating $271,466 in tax withholding. Net shares retained from the vesting = 6,442 shares. The vesting event is an award (not an open-market purchase).

Key Details

  • Transaction date: 2026-02-06; Filing date: 2026-02-10 (filed within required 2 business days).
  • Award: 9,198 RSUs vested and settled into shares (Transaction code A). Tax withholding: 2,756 shares withheld (code F) at $98.50, amount $271,466.
  • Gross value of vested shares: ~ $906,003 (9,198 × $98.50); net shares added to holdings: 6,442.
  • Footnotes: RSUs were granted on Feb 23, 2023 subject to performance-based vesting; on Feb 6, 2026 the performance threshold was certified and units vested and settled one-for-one. Withheld shares were used to pay taxes.
  • Shares owned after the transaction: not specified in the filing.

Context

  • These were performance-based RSUs that became vested and converted into stock; the share withholding to cover taxes is a routine administrative step and not a market sale for investment purposes.
  • This filing reports an award/vesting event rather than an insider purchase or a voluntary sale; such awards reflect compensation outcomes and certified performance attainment, not necessarily a direct signal of buying or selling intent.