4Filed Aug 18, 8:00 PM ET
Ingersoll Rand (IR) SVP Matthew Emmerich Receives RSU Shares
$IR · Ingersoll Rand Inc.Research Summary
AI-generated summary of this SEC filing
Ingersoll Rand (IR) SVP Matthew Emmerich Receives RSU Shares
What Happened
- Matthew J. Emmerich, Senior Vice President and Chief Information Officer of Ingersoll Rand, had 756 restricted stock units (RSUs) vest on August 17, 2026. Of those, 345 shares were withheld to cover taxes at $82.31 per share (total withholding $28,397), resulting in 411 net shares delivered to him.
- The Form 4 shows the vesting/conversion of the derivative award (transaction code M) and the tax withholding (transaction code F). This is a settlement of previously granted RSUs rather than an open-market purchase or sale.
Key Details
- Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (filed promptly).
- Vesting/conversion: 756 RSUs converted to shares (M).
- Tax withholding: 345 shares withheld at $82.31/share for $28,397 (F).
- Net shares issued to insider: 411 shares (756 vested minus 345 withheld).
- Footnotes: F1 — these RSUs vest in four equal annual installments beginning Aug 17, 2024 and are settled in shares, cash, or a combination; F2 — withholding represents shares used to pay taxes on vesting.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
Context
- This was a routine RSU vesting and tax-withholding event (not an open-market sale). Withholding shares to cover taxes is a common administrative step and does not necessarily indicate a buy or sell signal.
- The filing appears timely (reported two days after the vesting date), and the transaction reflects conversion/settlement of an award rather than exercise of options for cash.