Schiesl Andrew R 4
4 · Ingersoll Rand Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Ingersoll Rand (IR) SVP Andrew Schiesl Receives RSUs; Shares Withheld
What Happened
Andrew R. Schiesl, Senior Vice President, General Counsel, Chief Compliance Officer and Secretary of Ingersoll Rand (IR), had restricted stock units (RSUs) vest on February 26 and 27, 2026. A total of 1,750 shares were issued on vesting (937 on 2/26 and 813 on 2/27). To satisfy tax withholding obligations, 760 shares were withheld (407 shares on 2/26 at $94.53 for $38,474; 353 shares on 2/27 at $94.14 for $33,231), totaling $71,705. The RSU settlements are reported as derivative/vesting transactions (code M) with accompanying tax-withholding dispositions (code F).
Key Details
- Transaction dates: 2026-02-26 (937 shares vested; 407 shares withheld) and 2026-02-27 (813 shares vested; 353 shares withheld).
- Withholding prices/values: 407 shares at $94.53 = $38,474; 353 shares at $94.14 = $33,231; total tax withholding ≈ $71,705.
- Shares acquired on vesting: 1,750 shares (no cash purchase price — RSU settlement).
- Shares withheld for taxes: 760 shares (tax withholding; code F / footnote F3).
- Footnotes: F1 = RSUs granted 2/26/2025 that vest in four annual installments beginning 2/26/2026; F2 = RSUs granted 2/27/2024 that vest in four annual installments beginning 2/27/2025; F3 = shares withheld to pay taxes.
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: Report filed 2026-03-02 for transactions on 2/26–2/27/2026; appears to be timely.
Context
These transactions reflect RSU vesting and routine tax-withholding (not an open-market sale or purchase). The derivative code (M) indicates settlement/conversion of equity awards into shares; the tax-withholding entries (F) show shares withheld to cover tax liability. Such withholding is standard for vested awards and does not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-26+937→ 13,778 total - Tax Payment
Common Stock
[F3]2026-02-26$94.53/sh−407$38,474→ 13,371 total - Exercise/Conversion
Common Stock
[F2]2026-02-27+813→ 14,184 total - Tax Payment
Common Stock
[F3]2026-02-27$94.14/sh−353$33,231→ 13,831 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-26−937→ 2,811 total→ Common Stock (937 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-27−813→ 1,625 total→ Common Stock (813 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.