Vicente Reynal - 16 Jun 2023 Form 4 Insider Report for Ingersoll Rand Inc. (IR)

Signature
/s/ Andrew Schiesl, as Attorney-in-Fact
Issuer symbol
IR
Transactions as of
16 Jun 2023
Net transactions value
-$1,765,985
Form type
4
Filing time
21 Jun 2023, 20:45:06 UTC
Previous filing
11 May 2023
Next filing
18 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IR Common Stock Sale $1,765,985 -27,169 -27% $65.00 73,877 16 Jun 2023 Direct F1
holding IR Common Stock 171,802 16 Jun 2023 See footnote F2
holding IR Common Stock 75,000 16 Jun 2023 See footnote F3
holding IR Common Stock 22,500 16 Jun 2023 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, which was adopted prior to February 27, 2023.
F2 Held in a trust for the benefit of the Reporting Person and his spouse.
F3 Held in a trust for the benefit of the Reporting Person's descendants.
F4 Held in a trust for the benefit of the Reporting Person's spouse and descendants.

Remarks:

Title: Chairman, President and Chief Executive Officer