Stevenson Mark P 4
Research Summary
AI-generated summary
Ingersoll Rand Director Mark P. Stevenson Receives 2,309 Shares (RSU Vest)
What Happened
- Mark P. Stevenson, a director of Ingersoll Rand Inc. (IR), had 2,309 restricted stock units (RSUs) convert to common shares on Feb 26, 2026. The Form 4 shows an acquisition/conversion of 2,309 shares (derivative conversion, code M) and a simultaneous disposition of 2,309 shares with $0 in proceeds. The filing indicates these were RSUs that vested rather than an open‑market purchase or sale for cash.
Key Details
- Transaction date: 2026-02-26.
- Acquired: 2,309 shares via exercise/conversion of a derivative (code M); price not applicable for the acquisition entry.
- Disposed: 2,309 shares at $0.00 (reported proceeds $0).
- Footnote: F1 — These were RSUs granted Feb 26, 2025 that vested Feb 26, 2026 and were to be settled by delivery of shares, cash, or a combination.
- Shares owned after the transaction: not specified in the excerpt of the filing.
- Filing timeliness: Filed 2026-03-02; this appears to be within the required two business days and not marked late.
Context
- This was a vesting/settlement of equity awards (RSUs), not a market purchase or sale for cash. The simultaneous acquisition and $0 disposition is consistent with conversion/settlement mechanics (for example, net share settlement or shares withheld to satisfy tax obligations) but the filing itself does not state the exact settlement method beyond the footnote.
- For retail investors: award vesting is routine compensation and does not necessarily signal a buy/sell decision by the insider.