Caprais Emmanuel 4/A

What Happened
Emmanuel Caprais, Senior Vice President and Chief Financial Officer of ITT Inc., had a total of 11,278 shares withheld to satisfy tax liabilities related to equity settlements on March 3, 2026. The withholding occurred in two parts: 7,994 shares at $190.39 each (value $1,521,978) and 3,284 shares at $190.39 each (value $625,241), for a combined value of approximately $2,147,219. This was a tax-withholding disposition (code F), a routine administrative action rather than an open-market sale.

Key Details

• Transaction date: March 3, 2026. Price per share reported: $190.39.
• Shares withheld/Disposed: 7,994 and 3,284 (total 11,278). Total value ≈ $2.15M.
• Report type: Amended Form 4 filed March 11, 2026; original Form 4 was filed March 5, 2026. The amendment corrects overreported withheld share counts. (Footnotes F1–F3 explain corrections.)
• Shares owned after the transactions: not specified in this amendment; footnote F3 indicates the amendment corrects the reported total beneficial ownership.
• Transaction code: F (shares withheld to satisfy tax withholding on settlement/vesting), not an open-market sale (routine tax withholding).

Context
These withholdings arose from the settlement of performance units and the vesting of restricted stock units (per the filing footnotes). Withholding shares to cover taxes is common and typically administrative—it's not the same as the insider selling shares on the open market. The amendment simply corrects the originally reported withholding amounts and resulting ownership figures.