Ingersoll Rand Director Satpathy Exercises RSUs; Shares Withheld

What Happened

• Aurobind Satpathy, a director of Ingersoll Rand Inc. (IR), had 1,258 restricted stock units (RSUs) vest on August 6, 2026. The filing shows a conversion/exercise of those derivative awards into 1,258 shares and a simultaneous disposition of 1,258 shares at $0.00. No sale proceeds are reported, indicating this was an administrative vesting/settlement event rather than an open-market sale.

Key Details

• Transaction date: August 6, 2026; Form 4 filed August 7, 2026.
• Reported transactions: conversion/exercise (code M) of 1,258 RSUs → acquisition of 1,258 shares; immediate disposition of 1,258 shares at $0.00.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: These were RSUs granted August 6, 2025 that vested August 6, 2026 and were to be settled by delivery of shares, cash, or a combination.
• Filing timing: filed one day after the transaction (appears timely based on provided dates).

Context

• This appears to be a routine vesting and settlement of RSUs. The immediate disposition at $0.00 is consistent with share withholding or a cash/stock settlement used to cover tax withholding obligations, not an open-market sale. Such administrative transactions generally do not signal insider buying interest.