Research Summary
AI-generated summary of this SEC filing
ITT Director Loy Bertrand Receives Award of 756 RSUs
What Happened
Loy Bertrand, a director of ITT Inc. (NYSE: ITT), received an award of 756 restricted stock units (reported as an acquisition) on August 1, 2026. The filing shows the grant price as $0.00 and a total reported value of $0 at grant (typical for RSU awards, which convert to shares only upon vesting). This is a grant/award—not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-08-01; reported as an Award/Grant (Code A) of 756 shares at $0.00 (total $0).
- Filing date (Form 4): 2026-08-04. No late‑filing flag is indicated in the information provided.
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Footnote: The 756 RSUs are scheduled to vest on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders.
Context
Restricted stock units (RSUs) are compensation awards that convert to actual shares only when they vest; recipients do not pay cash at grant. Such awards are a routine form of director compensation and do not by themselves indicate an immediate buy or sell signal.