4Filed May 11, 8:00 PM ET
Ingersoll Rand (IR) Director Michelle Swanenburg Receives RSU Shares
$IR · Ingersoll Rand Inc.Research Summary
AI-generated summary of this SEC filing
Ingersoll Rand (IR) Director Michelle Swanenburg Receives RSU Shares
What Happened
- Michelle Swanenburg, a director of Ingersoll Rand Inc. (IR), had restricted stock units (RSUs) that vested on May 5, 2026. Upon vesting, 1,876 RSUs were converted/settled into shares.
- The Form 4 shows 1,876 shares were acquired on vesting (acquisition reported as N/A for price) and 1,876 shares were disposed at $0.00 — consistent with shares being withheld to satisfy tax withholding or similar settlement (no cash proceeds reported).
Key Details
- Transaction date: 2026-05-05 (reported on Form 4 filed 2026-05-12).
- Reported amounts: 1,876 shares acquired on vesting; 1,876 shares disposed at $0.00.
- Footnote: These represent RSUs granted May 5, 2025 that vested May 5, 2026 and were to be settled by delivery of one share per RSU, cash, or a combination.
- Shares owned after the transaction: not specified in the provided excerpt.
- Filing timeliness: The Form 4 was filed seven days after the transaction (May 12 vs. May 5), outside the typical two-business-day reporting window.
Context
- This was not an open‑market purchase or a sale for cash: it reflects RSU vesting and settlement (net/share withholding is common to cover taxes).
- Such routine vesting/withholding transactions typically reflect compensation delivery rather than a directional trade signal from the insider.