Ingersoll Rand (IR) SVP Michael Weatherred Receives RSUs, Withholds 109

What Happened

• Michael A. Weatherred, Senior Vice President, PST Segment, Demand Generation and Execution at Ingersoll Rand, had 245 restricted stock units (RSUs convert/vest) processed on 2026-08-06. Of those 245 shares, 109 shares were withheld to cover tax withholding at $88.24 per share for a total withholding of $9,618. The net shares delivered to him were approximately 136 shares. This was a vesting/settlement of equity awards rather than an open-market purchase or conventional sale.

Key Details

• Transaction date: 2026-08-06 (filed 2026-08-07; filing appears timely).
• Action types reported: M = exercise/conversion of derivative (RSU conversion to shares); F = shares withheld to pay tax liability.
• Shares involved: 245 RSUs converted; 109 shares withheld for taxes; net ~136 shares received.
• Withholding price/value: $88.24 per share; total tax withholding reported $9,618.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: These were RSUs granted Aug 6, 2025, vesting in four equal annual installments beginning Aug 6, 2026; upon vesting they may be settled in shares, cash, or a mix.
  • F2: The 109 shares represent tax withholding to satisfy taxes on the vested RSUs.

Context

• This was a routine equity award vesting and tax-withholding event, not a market sale or purchase. The filing shows the RSU (derivative) conversion and the withholding of shares to cover taxes (commonly called a “sell-to-cover” or withholding to satisfy tax obligations), which is standard practice when equity awards vest. Such transactions typically reflect compensation settlement rather than insider trading signal.