Ingersoll Rand (IR) SVP Andrew Schiesl Receives RSUs; 160 Shares Withheld
$IR · Ingersoll Rand Inc.Research Summary
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Ingersoll Rand (IR) SVP Andrew Schiesl Receives RSUs; 160 Shares Withheld
What Happened
Andrew R. Schiesl — Senior Vice President, General Counsel, Chief Compliance Officer and Secretary at Ingersoll Rand (IR) — had restricted stock units (RSUs) vest on 2026-08-06. A tranche of 367 RSU-based shares converted/vested; 160 of those shares were withheld to cover tax withholding at $88.24/share (proceeds = $14,118). The net shares delivered to Schiesl after withholding were 207 shares. This was receipt of an award (vesting) rather than an open-market purchase or a voluntary sale.
Key Details
- Transaction date: 2026-08-06; Form 4 filed 2026-08-07 (timely filing).
- Vesting/conversion: 367 shares via derivative exercise/conversion (RSU vesting).
- Tax withholding: 160 shares withheld at $88.24 per share for taxes = $14,118.
- Net shares delivered to insider: 367 − 160 = 207 shares.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: RSUs were granted Aug 6, 2025 and vest in four equal annual installments beginning Aug 6, 2026; withheld shares were used to pay applicable taxes.
- Transaction codes: M = exercise/conversion of derivative (vesting of RSUs); F = shares withheld to satisfy tax obligations.
Context
This is a routine vesting/tax-withholding event for equity awards, not an open-market buy or sale. Withholding to cover taxes is common and does not by itself indicate the insider is buying or selling stock for investment reasons. For retail investors, purchases by insiders can be more informative than routine award vesting; this filing mainly documents compensation vesting and tax withholding.