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Ingersoll Rand Inc.·4

Mar 2, 7:54 PM ET

Scheske Michael J 4

Research Summary

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Ingersoll Rand VP Michael Scheske Exercises RSUs, Shares Withheld

What Happened

  • Michael J. Scheske, Vice President and Chief Accounting Officer of Ingersoll Rand (IR), had restricted stock units (RSUs) vest on Feb 26–27, 2026. A total of 1,011 RSUs converted into 1,011 shares (562 on 2/26 and 449 on 2/27).
  • To satisfy tax withholding, 244 shares were withheld on 2/26 at $94.53 (≈ $23,065) and 195 shares were withheld on 2/27 at $94.14 (≈ $18,357), for total withholding of ≈ $41,422. Net shares delivered to Scheske after withholding: 572. These actions are routine compensation vesting and tax withholding rather than open‑market purchases or discretionary sales.

Key Details

  • Transaction dates and amounts:
    • 2026-02-26: 562 RSUs converted to 562 shares (derivative conversion, $0 exercise price); 244 shares withheld at $94.53 for taxes (≈ $23,065).
    • 2026-02-27: 449 RSUs converted to 449 shares (derivative conversion, $0 exercise price); 195 shares withheld at $94.14 for taxes (≈ $18,357).
  • Net shares received after withholding: 572 (1,011 vested − 439 withheld).
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Footnotes from the filing:
    • F1: 562 RSUs were from a Feb 26, 2025 grant that vest in four equal annual installments beginning Feb 26, 2026 and settle in shares, cash, or combination.
    • F2: 449 RSUs were from a Feb 27, 2024 grant that vest in four equal annual installments beginning Feb 27, 2025 and settle in shares, cash, or combination.
    • F3: The withheld shares represent shares surrendered to pay taxes on vesting.
  • Filing timeliness: Form filed 2026-03-02; transactions dated 2/26 and 2/27, and the filing date is within the typical two-business-day Form 4 filing window.

Context

  • These entries reflect RSU vesting and a cashless settlement (shares withheld to cover tax obligations), not an open-market sale or purchase. M code indicates exercise/conversion of a derivative (here, RSU vesting); F code indicates shares withheld to pay taxes. Such vesting-and-withholding transactions are normal compensation events and do not by themselves indicate a change in insider sentiment.