Jones Marc Ellis 4
Research Summary
AI-generated summary
Ingersoll Rand (IR) Director Marc Ellis Jones Settles 2,489 RSUs
What Happened
- Marc Ellis Jones, a director of Ingersoll Rand (IR), had 2,489 restricted stock units (RSUs) vest on February 26, 2026. The Form 4 reports an acquisition/conversion of 2,489 shares (derivative conversion) and a simultaneous disposition of 2,489 shares at $0.00. The footnote explains these were RSUs granted Feb 26, 2025 that vested Feb 26, 2026 and are settled by delivery of shares, cash, or a combination.
Key Details
- Transaction date: February 26, 2026. Form 4 filed March 2, 2026 (within the typical 2-business-day filing window).
- Reported transactions: 2,489 shares acquired on conversion/vesting (derivative) and 2,489 shares disposed at $0.00 (derivative code M).
- Price: Acquisition shows N/A (conversion of award); disposition reported at $0.00 (consistent with withholding/settlement rather than an open-market sale).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnote: F1 — RSUs granted Feb 26, 2025 vested Feb 26, 2026 and are to be settled in stock, cash, or combo.
Context
- This filing reflects award vesting and settlement of RSUs, not an open-market purchase or sale for investment purposes. The $0.00 disposition typically indicates shares were withheld or otherwise used to satisfy tax or settlement obligations, not a market sale. Such routine equity-compensation settlements are common and do not by themselves indicate the director is buying or selling the stock for investment reasons.