Marino Lori B. 4
4 · ITT INC. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
ITT (ITT) Lori B. Marino, Chief Legal Officer, Sells Shares
What Happened
Lori B. Marino — Senior Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary of ITT Inc. — sold a total of 7,123 common shares in multiple open-market transactions on May 8, 2026, generating approximately $1,483,527 in proceeds. The reported tranches were:
- 2,417 shares @ $207.10 = $500,552 (weighted avg.; see F1 for price range)
- 1,987 shares @ $208.02 = $413,332 (F2)
- 2,107 shares @ $208.95 = $440,265 (F3)
- 68 shares @ $211.00 = $14,348 (F4)
- 544 shares @ $211.45 = $115,030 (F5)
These were sales (transaction code “S”), which are typically routine dispositions rather than purchases (purchases are often considered a stronger signal of insider confidence).
Key Details
- Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (filed within the normal two-business-day window — timely).
- Aggregate proceeds: ~$1,483,527 for 7,123 shares.
- Reported prices are weighted averages; footnotes F1–F5 give the ranges of execution prices for each tranche (e.g., F1: $206.64–$207.47; F5: $211.43–$211.465). The reporting person has offered to provide a full per-price breakdown on request.
- Footnote F6 notes that 214 shares referenced in the filing were acquired under the ITT 2023 Employee Stock Purchase Plan (ESPP).
- Shares owned after the transactions are not specified in the provided Form 4 excerpt.
- Remarks list Marino’s titles: Senior VP, Chief Legal Officer, Chief Compliance Officer and Secretary.
Context
- These were open-market sales (not option exercises or awards). Sales by executives can reflect routine portfolio management or tax/liquidity needs and do not by themselves indicate company performance or insider sentiment.
- The filing appears timely (transaction 5/8; filed 5/12). If you want the exact number of shares sold at each specific price within the reported ranges, the filing footnotes state the reporting person will provide that breakdown upon request to the company, a security holder, or the SEC staff.
Insider Transaction Report
Form 4
ITT INC.ITT
Marino Lori B.
See Remarks
Transactions
- Sale
Common Stock
[F1]2026-05-08$207.10/sh−2,417$500,552→ 13,221 total - Sale
Common Stock
[F2]2026-05-08$208.02/sh−1,987$413,332→ 11,234 total - Sale
Common Stock
[F3]2026-05-08$208.95/sh−2,107$440,265→ 9,127 total - Sale
Common Stock
[F4]2026-05-08$211.00/sh−68$14,348→ 9,059 total - Sale
Common Stock
[F5][F6]2026-05-08$211.45/sh−544$115,030→ 8,729 total
Footnotes (6)
- [F1]Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $206.6400 to a high of $207.4700 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth with respect to this transaction and all additional sale transactions reported in this Form 4 as described in footnotes 2-5.
- [F2]Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $207.6950 to a high of $208.4000 per share, inclusive.
- [F3]Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $208.7500 to a high of $209.5200 per share, inclusive.
- [F4]Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $210.2900 to a high of $211.0150 per share, inclusive.
- [F5]Reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from a low of $211.4300 to a high of $211.4650 per share, inclusive.
- [F6]Includes 214 shares of Common Stock acquired under the ITT Inc. 2023 Employee Stock Purchase Plan.
Signature
Tymour Okasha, Assistant Secretary for ITT Inc.; by Power of Attorney for Lori B. Marino|2026-05-12