Chu Maggie 4/A
4/A · ITT INC. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
ITT Director Maggie Chu Receives 935 RSUs
What Happened Maggie Chu, a director of ITT Inc., was granted 935 restricted stock units (RSUs) on May 21, 2026. The Form 4 reports an acquisition of 935 shares at $0.00 per share (transaction code A), reflecting an equity award rather than an open-market purchase or sale. The award is part of compensation and typically vests over time rather than representing an immediate market trade.
Key Details
- Transaction date: May 21, 2026; reported on an amended Form 4 filed June 3, 2026 (original Form 4 was filed May 26, 2026).
- Transaction type/code: Award/Grant (A); 935 shares; reported price $0.00 (typical for RSU grants).
- Shares owned after transaction: The amended filing states it corrects the resulting total beneficial ownership, but the corrected total number is not listed here.
- Footnote: The original Form 4 (filed May 26) inadvertently underreported the number of RSUs awarded; this amendment corrects the award count and the resulting beneficial ownership.
- Timeliness: The initial Form 4 was filed five days after the May 21 transaction (outside the usual 2-business-day reporting window) and was later amended.
Context RSUs are compensation awards that generally vest over a set schedule and do not equate to an immediate cash purchase or sale; their economic value depends on ITT’s stock price at vesting. This filing reports a grant to a company director and does not, by itself, indicate intentional buying or selling of shares in the open market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21+935→ 2,587 total
Footnotes (1)
- [F1]The original Form 4 filed by the Reporting Person on May 26, 2026 inadvertantly underreported the number of restricted stock units that were awarded on May 21, 2026, as described in the original Form 4. The amount reported herein corrects the number of restricted stock units that were awarded on May 21, 2026 and the resulting total number of shares beneficially owned by the Reporting Person following such transaction.