ITT (NYSE: ITT) director Kevin Berryman receives 909-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Berryman Kevin C reported acquisition or exercise transactions in this Form 4 filing.
ITT Inc. director Kevin C. Berryman received an equity award of 909 shares of Common Stock on May 21, 2026. The award was granted at a price of $0.00 per share as part of his compensation.
The footnote explains this represents restricted stock units that are scheduled to vest on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders. Following this grant, Berryman directly holds 4,037 shares of ITT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berryman Kevin C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 909 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,037 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 909 shares
Grant price: $0.00 per share
Post-transaction holdings: 4,037 shares
+2 more
5 metrics
Equity award size
909 shares
Restricted stock unit grant on May 21, 2026
Grant price
$0.00 per share
Compensation-related award, not market purchase
Post-transaction holdings
4,037 shares
Total common stock directly held after grant
Transaction code
A
Grant, award, or other acquisition of common stock
Vesting timing
Prior to 2027 meeting
Vests business day before ITT 2027 Annual Meeting
Key Terms
restricted stock units, Annual Meeting of Shareholders, Grant, award, or other acquisition, Common Stock
4 terms
restricted stock units financial
"Reflects an award of restricted stock units, all of which are scheduled to vest"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did ITT (ITT) director Kevin C. Berryman report on this Form 4?
Kevin C. Berryman reported receiving an award of 909 shares of ITT common stock. The filing describes this as a grant of restricted stock units that forms part of his director compensation.
Is the ITT (ITT) Form 4 transaction a purchase or a grant?
The transaction is a grant, not an open-market purchase. It is coded as an acquisition from a grant or award, with a price of $0.00 per share, indicating equity-based compensation rather than a cash investment.
When do Kevin C. Berryman’s ITT (ITT) restricted stock units vest?
All of the restricted stock units from this 909-share award are scheduled to vest on the business day immediately prior to the ITT 2027 Annual Meeting of Shareholders, according to the Form 4 footnote.
What does transaction code “A” mean in the ITT (ITT) Form 4 filing?
Transaction code “A” in this ITT Form 4 indicates a grant, award, or other acquisition. Here, it reflects restricted stock units granted to Kevin C. Berryman as part of his compensation, rather than an open-market trade.