ITT (ITT) executive amends Form 4 to fix 5,004 tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
ITT Inc. executive Lori B. Marino filed an amended Form 4 to correct prior tax-withholding entries related to equity awards. On March 3, 2026, a total of 5,004 shares of common stock were disposed of to cover tax liabilities tied to performance units and restricted stock units, not through open-market sales. After correcting these amounts, Marino is reported to beneficially own 15,638 shares of ITT common stock, reflecting only the revised tax-withholding calculations.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Marino Lori B.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Commn Stock | 3,579 | $190.39 | $681K |
| Tax Withholding | Common Stock | 1,425 | $190.39 | $271K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Commn Stock — 14,028 shares (Direct);
Common Stock — 12,603 shares (Direct)
Footnotes (1)
- The original Form 4 filed by the Reporting Person on March 5, 2026 inadvertently overreported the number of shares of common stock that were withheld for tax withholding to pay the tax liability incident to the settlement of performance units on March 3, 2026, as described in the original Form 4. The amount reported herein corrects the number of shares that were withheld on March 3, 2026 with respect to such settlement. The original Form 4 filed by the Reporting Person on March 5, 2026 inadvertently overreported the number of shares of common stock that were withheld for tax withholding to pay the tax liability incident to the vesting on March 3, 2026 of restricted stock units granted on March 3, 2023, as described in the original Form 4. The amount reported herein corrects the number of shares that were withheld on March 3, 2026 with respect to such vesting. The amount reported herein corrects the resulting total number of shares beneficially owned by the Reporting Person following all transactions reported in the original Form 4, as corrected by this amendment.
FAQ
What does the ITT (ITT) amended Form 4 for Lori B. Marino report?
The amended Form 4 corrects prior tax-withholding share counts. It revises how many ITT shares were withheld on March 3, 2026 to pay taxes on equity awards and updates Marino’s resulting beneficial ownership figure.
Why did ITT (ITT) and Lori B. Marino need to amend the original Form 4?
The original Form 4 overstated tax-withheld share counts. The amendment states that earlier disclosures overreported ITT shares withheld for tax liabilities, and this filing corrects both the withheld share amounts and the resulting ownership total.