Ingersoll Rand Inc.·4

Mar 2, 7:54 PM ET

Sohovich JoAnna 4

Research Summary

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Ingersoll Rand (IR) Director JoAnna Sohovich Converts 2,429 RSUs

What Happened

  • JoAnna Sohovich, a director of Ingersoll Rand (IR), reported the conversion/settlement of 2,429 derivative awards on February 26, 2026. The Form 4 shows an acquisition entry for 2,429 shares (price N/A) and a simultaneous disposition entry for 2,429 shares at $0.00. No cash sale price or total dollar value is disclosed in the filing.

Key Details

  • Transaction date: 2026-02-26 (reported on Form 4 filed 2026-03-02 — timely within the two-business-day window).
  • Reported transaction codes: M (exercise/conversion of derivative) for both acquisition and disposition entries.
  • Share counts and prices: 2,429 shares acquired (price N/A); 2,429 shares disposed at $0.00 (no proceeds shown).
  • Shares owned after the transaction: not specified in the provided filing details.
  • Footnote: F1 states these were restricted stock units granted 2025-02-26 that vested 2026-02-26 and are to be settled by delivery of stock, an equivalent cash amount, or a combination.
  • Filing timeliness: filed 2026-03-02 for a 2026-02-26 vesting — appears timely.

Context

  • This filing reflects routine compensation vesting (RSU conversion/settlement), not a market purchase. The filing does not specify whether the awards were settled in shares, cash, or a mix; the $0.00 disposition entry and footnote are consistent with net/share withholding or cash settlement for tax purposes but the Form 4 does not state the method. Such vesting/settlement transactions are common and do not by themselves indicate insider sentiment about the stock.