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

Updated

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.