Form 4: ITT Exec Withholds 669 Shares on RSU Vesting; 22,248 Shares Held
Rhea-AI Filing Summary
Bartlomiej Makowiecki, SVP, Chief Strategy Officer and President, Industrial Process at ITT Inc., reported a transaction dated 09/03/2025 on Form 4. The filing shows 669 shares of Common Stock were disposed (Code F) at a price of $168.32 per share, reflecting the withholding of shares to satisfy taxes upon the vesting of restricted stock units under the ITT Inc. 2011 Omnibus Incentive Plan. After the withholding, Makowiecki beneficially owns 22,248 shares, which includes 439 shares acquired through the 2023 Employee Stock Purchase Plan. The Form 4 was signed by an Assistant Secretary by power of attorney on 09/04/2025.
Positive
- Transaction is a routine tax-withholding on vested RSUs, not an open-market sale that would reduce strategic ownership
- Filing discloses current beneficial ownership (22,248 shares) and ESPP participation (439 shares), providing transparency
Negative
- None.
Insights
Routine tax-withholding disposition after RSU vesting; not a change in strategic ownership.
The Form 4 reports a disposition code F for 669 shares at $168.32 related to tax withholding on vested RSUs. This is a mechanical, non-sale disposition used to cover tax liabilities and does not represent an active cash sale to a third party. The residual beneficial ownership of 22,248 shares (including 439 ESPP shares) is explicitly stated. From a securities perspective, this is a routine insider reporting event with limited market or governance implications.
Disclosure aligns with standard executive compensation practices and Section 16 reporting requirements.
The filing documents withholding to satisfy taxes on RSU vesting under the company’s 2011 Omnibus Incentive Plan, and it identifies the reporting person’s executive role. The Form 4 was timely executed by an authorized representative via power of attorney. This record supports transparency around equity-based compensation and complies with Section 16 reporting protocols; no governance red flags are present in the disclosed transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 669 | $168.32 | $113K |
Footnotes (1)
- Reflects the withholding of common stock to pay the tax liability incident to the vesting on September 3, 2025 of restricted stock units granted under the ITT Inc. 2011 Omnibus Incentive Plan. Includes 439 shares of Common Stock acquired under the ITT Inc. 2023 Employee Stock Purchase Plan.