Hepding Elizabeth Meloy 4

What Happened

Elizabeth Meloy Hepding, Senior Vice President, Corporate Development at Ingersoll Rand (IR), had restricted stock units (RSUs) vest on February 26–27, 2026. A total of 1,117 shares were issued upon conversion of those RSUs (712 on 2/26 and 405 on 2/27). To satisfy tax withholding obligations, 485 shares were withheld (309 shares at $94.53 for $29,210 on 2/26 and 176 shares at $94.14 for $16,569 on 2/27). These transactions reflect vesting/settlement of previously granted awards rather than a market purchase or a voluntary sale.

Key Details

• Transaction dates: 2026-02-26 (712 shares converted; 309 shares withheld at $94.53 = $29,210) and 2026-02-27 (405 shares converted; 176 shares withheld at $94.14 = $16,569).
• Net shares delivered from vesting: 1,117 converted; 485 withheld for taxes (net delivered to insider = 632 shares).
• Shares owned after transaction: not specified in this filing.
• Footnotes:
  • F1: 712 RSUs from grant dated 2/26/2025 (vest in four annual installments beginning 2/26/2026).
  • F2: 405 RSUs from grant dated 2/27/2024 (vest in four annual installments beginning 2/27/2025).
  • F3: Shares were withheld to pay taxes on vesting.
• Filing timeliness: Form 4 filed 2026-03-02; filing is timely relative to the 2/26–2/27 vesting dates.

Context

• These entries are vesting/settlement events (derivative conversion of RSUs), not open-market purchases or discretionary sales. The withheld shares are a routine tax-withholding disposition rather than an indicator of directional insider trading.
• RSU awards may be settled in shares, cash, or a combination per the grant terms; here the form reports share conversion with withholding to satisfy tax obligations.