Kini Vikram 4
4 · Ingersoll Rand Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Ingersoll Rand CFO Vikram Kini Exercises RSUs; Shares Withheld
What Happened
Vikram Kini, Senior Vice President and Chief Financial Officer of Ingersoll Rand (IR), had restricted stock units (RSUs) convert/vest into 3,597 shares on Feb 26–27, 2026 (2,249 shares on Feb 26 and 1,348 shares on Feb 27). To satisfy tax withholding obligations, a total of 1,560 shares were withheld (975 shares at $94.53 on Feb 26 = $92,167; 585 shares at $94.14 on Feb 27 = $55,072), for a combined withholding value of $147,239. These transactions reflect RSU vesting and cashless settlement for tax liabilities rather than a market purchase or sale for investment purposes.
Key Details
- Transaction dates: Feb 26, 2026 and Feb 27, 2026.
- RSUs converted/vested (code M): 2,249 shares (2/26) + 1,348 shares (2/27) = 3,597 shares.
- Shares withheld for taxes (code F): 975 shares @ $94.53 = $92,167; 585 shares @ $94.14 = $55,072; total withheld value = $147,239.
- Shares owned after the transactions: not specified in the provided summary; see the full Form 4 for post-transaction holdings.
- Footnotes: F1 and F2 indicate these were RSUs originally granted on 2/26/2025 and 2/27/2024 that vest in four equal annual installments; F3 notes shares were withheld to pay taxes.
- Filing timeliness: Form 4 filed 2026-03-02 for Feb 26–27 transactions — appears timely (within the 2-business-day window).
Context
These were RSU vesting events (derivative conversion), not open-market buys or discretionary sales. The withheld-share treatment is a routine, cashless method to cover tax obligations and does not necessarily signal the insider’s view on the stock. Transaction codes: M = exercise/conversion of derivative (here, RSU vesting/settlement); F = payment of exercise price or tax liability (shares withheld).
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-26+2,249→ 102,799 total - Tax Payment
Common Stock
[F3]2026-02-26$94.53/sh−975$92,167→ 101,824 total - Exercise/Conversion
Common Stock
[F2]2026-02-27+1,348→ 103,172 total - Tax Payment
Common Stock
[F3]2026-02-27$94.14/sh−585$55,072→ 102,587 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-26−2,249→ 6,748 total→ Common Stock (2,249 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-27−1,348→ 2,697 total→ Common Stock (1,348 underlying)
Footnotes (3)
- [F1]Represents restricted stock units originally granted on February 26, 2025, which vest in four equal annual installments beginning on February 26, 2026, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- [F2]Represents restricted stock units originally granted on February 27, 2024, which vest in four equal annual installments beginning on February 27, 2025, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- [F3]Represents shares withheld to pay taxes applicable to vesting of restricted stock units.