Laschinger Mary A 4/A
Research Summary
AI-generated summary
ITT Director Mary Laschinger Receives Award of 935 Shares
What Happened
Mary A. Laschinger, a director of ITT Inc. (ITT), received an award of 935 restricted stock units (reported as 935 shares) on May 21, 2026. The Form 4 lists the acquisition type as an award (code A) with an acquisition price of $0.00 — typical reporting for RSUs/grants. This is an amended filing that corrects the number of restricted stock units that were underreported in the original Form 4.
Key Details
- Transaction date: 2026-05-21 — Award/Grant (code A) of 935 shares
- Reported acquisition price: $0.00 (standard for RSU grants)
- Filing: Amended Form 4 filed 2026-06-03; original Form 4 was filed May 26, 2026 and underreported the award
- Shares owned after transaction: The filing states the corrected total beneficial ownership was updated, but the exact post-transaction total is not provided in the excerpt
- Footnote: F1 explains the amendment corrects the previously underreported RSU count
Context
Restricted stock units are a form of compensation granted to insiders and are typically reported at $0 on Form 4; they are not an open-market purchase or sale. Such awards are common for directors and do not, by themselves, signal a buy/sell decision by the insider. This filing is informational and corrects the prior reporting error.