Scheske Michael J 4

What Happened Michael J. Scheske, Vice President and Chief Accounting Officer of Ingersoll Rand (IR), exercised stock options on 2026-02-17 to acquire a total of 19,122 shares (11,479 shares and 7,643 shares) and then sold those 19,122 shares in same-day open-market transactions. He paid aggregate exercise prices of $667,369 (11,479 @ $27.79 = $319,001; 7,643 @ $45.58 = $348,368) and received gross proceeds of $1,867,562 from the sales (11,479 @ $97.11 = $1,114,726; 7,643 @ $98.50 = $752,836). The sales followed the option exercises, consistent with a cashless exercise and immediate disposition.

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-19 (timely).
• Option exercises: 11,479 shares @ $27.79 and 7,643 shares @ $45.58 (total paid $667,369).
• Open-market sales: 11,479 shares @ $97.11 and 7,643 shares @ $98.50 (total proceeds $1,867,562).
• Footnote: F1 — the stock options exercised were fully vested and exercisable.
• Shares owned after transaction: not specified in the provided filing.

Context

• This was an option exercise followed by immediate sale of the acquired shares (cashless exercise), a common way executives realize value from vested options. The filing shows both the acquisition via exercise (derivative transaction code M) and the subsequent open-market sales (code S).
• The transactions are routine insider liquidity and do not by themselves indicate the insider’s long-term view of the company.