ITT (NYSE: ITT) director updates Form 4 to correct stock award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
ITT INC. director Mary A. Laschinger corrected a prior insider report by updating the number of restricted stock units granted on May 21, 2026. The amended Form 4 now shows an acquisition of 935 shares of common stock at $0.00 per share, bringing her directly held stake to 1,975 shares following the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Laschinger Mary A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 935 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,975 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 935 shares
Grant price: $0.00 per share
Shares owned after grant: 1,975 shares
+1 more
4 metrics
Shares granted
935 shares
Restricted stock unit award on May 21, 2026
Grant price
$0.00 per share
Compensation-related stock award, not open-market purchase
Shares owned after grant
1,975 shares
Total common stock beneficially owned following the award
Transactions acquiring
1 transaction
Single grant/award acquisition reported in this amendment
Key Terms
restricted stock units, beneficially owned, Grant, award, or other acquisition, Form 4
4 terms
restricted stock units financial
"underreported the number of restricted stock units that were awarded on May 21, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"the resulting total number of shares beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"The original Form 4 filed by the Reporting Person on May 26, 2026"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ITT (ITT) director Mary Laschinger report?
Mary A. Laschinger reported receiving 935 shares of ITT common stock as a grant or award. The amended filing updates a previously underreported restricted stock unit award dated May 21, 2026 and adjusts her total directly owned shares accordingly.
Why was Mary Laschinger’s ITT (ITT) Form 4 amended?
The Form 4 was amended because the original filing inadvertently underreported the number of restricted stock units awarded on May 21, 2026. The amendment corrects both the granted amount and the resulting total shares beneficially owned after that award.
What does transaction code “A” mean in Mary Laschinger’s ITT (ITT) Form 4?
Transaction code “A” on Mary A. Laschinger’s Form 4 indicates a grant, award, or other acquisition of ITT common stock. In this case, it reflects restricted stock unit awards that increased her directly held beneficial ownership without an open-market trade.