Weatherred Michael A 4
Research Summary
AI-generated summary
Ingersoll Rand (IR) SVP Michael Weatherred Receives Vesting RSUs
What Happened
- Michael A. Weatherred, Senior Vice President, Precision & Science Technologies (PST) Segment — Demand Generation and Execution, had restricted stock units (RSUs) vest and convert into common shares on Feb 26–27, 2026.
- Two vesting events converted a total of 2,260 RSUs into 2,260 shares (1,499 on 2/26 and 761 on 2/27). To cover taxes, 665 shares (valued at $94.53 each, $62,862) were withheld on 2/26 and 338 shares (valued at $94.14 each, $31,819) were withheld on 2/27 — $94,681 withheld in total. Net shares delivered to Weatherred = 1,257 shares.
- This was a routine award vesting and tax-withholding transaction (not an open-market purchase or sale).
Key Details
- Transaction dates: 2026-02-26 (1,499 RSUs vest; 665 shares withheld) and 2026-02-27 (761 RSUs vest; 338 shares withheld).
- Withholding proceeds: $62,862 (2/26) and $31,819 (2/27); total $94,681 withheld for taxes.
- Net shares received: 2,260 vested − 1,003 withheld = 1,257 shares delivered to the insider.
- Transaction codes: M = conversion/exercise of derivative (RSU vesting), F = shares withheld to pay tax liability.
- Footnotes: F1 and F2 confirm these were previously granted RSUs (grants from 2/26/2025 and 2/27/2024) that vest in annual installments; F3 confirms shares were withheld for taxes (net settlement).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing: Form 4 filed 2026-03-02 (covers transactions on 2/26–2/27); filing appears to be within the required reporting window (timely).
Context
- These entries reflect RSU vesting and a net-share settlement where a portion of shares is withheld to satisfy tax obligations (a common, routine action). This is not an open-market sale or a discretionary purchase and should be viewed as compensation-related rather than a direct signal of insider buying or selling intent.