Hartsock Jennifer 4
4 · Ingersoll Rand Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Ingersoll Rand Director Jennifer Hartsock Converts 2,429 RSUs
What Happened
Jennifer Hartsock, a director of Ingersoll Rand (IR), had 2,429 restricted stock units (RSUs) vest on February 26, 2026 and those RSUs converted into 2,429 shares. The Form 4 shows an acquisition of 2,429 shares (conversion/exercise of a derivative, code M) and a simultaneous disposition of 2,429 shares at $0.00 (derivative), indicating the shares were withheld/used to satisfy withholding obligations rather than sold for cash. No cash proceeds are reported from this transaction.
Key Details
- Transaction date: February 26, 2026
- Report filed: March 2, 2026 (Form 4 accession 0001140361-26-007391)
- Acquired: 2,429 shares via conversion/exercise (code M), price N/A (grant/settlement)
- Disposed: 2,429 shares at $0.00 (derivative) — no cash received (likely tax withholding)
- Footnote: These were RSUs granted 2/26/2025 that vested 2/26/2026 and upon vesting were to be settled in stock, cash, or a combination (F1).
- Shares owned after the transaction: not specified in the provided filing.
- Filing timeliness: no late-filing indication shown in the report.
Context
This is a routine equity-compensation settlement: vested RSUs converted to shares and the resulting shares were withheld to cover taxes. Such transactions are common for directors and are not the same as an open-market sale or purchase; they generally do not signal a change in the insider’s market view. Purchases (actual cash buys) tend to be more informative to investors than withholding/settlement actions.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-26+2,429→ 7,864 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-26−2,429→ 0 total→ Common Stock (2,429 underlying)
Footnotes (1)
- [F1]Represents restricted stock units originally granted on February 26, 2025, which vested on February 26, 2026 and upon vesting, were to be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.