Mary Elizabeth Gustafsson - 03 Mar 2023 Form 4 Insider Report for ITT INC. (ITT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Mar 2023, 16:16:10 UTC
Prior SEC filing
12 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kristen Prohl, Deputy General Counsel of ITT Inc.; by Power of Attorney for Mary Elizabeth Gustafsson

Key filing fact

Mary Elizabeth Gustafsson filed Form 4 for ITT INC. (ITT) on 07 Mar 2023.

Key facts

  • This page summarizes Mary Elizabeth Gustafsson's Form 4 filing for ITT INC. (ITT).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 07 Mar 2023, 16:16.

Change

  • Previous filing in this sequence was filed on 12 Aug 2022.
  • Current net transaction value: -$345,960.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ITT transaction

Common Stock

Award

Transaction value
$0
Shares
+3,415
Change %
+6.4%
Price
$0.000000
Shares after
56,892
Date
03 Mar 2023
Ownership
Direct
Footnotes
F1
ITT transaction

Common Stock

Award

Transaction value
$0
Shares
+4,037
Change %
+7.1%
Price
$0.000000
Shares after
60,929
Date
04 Mar 2023
Ownership
Direct
Footnotes
F2
ITT transaction

Common Stock

Tax liability

Transaction value
$154,360
Shares
-1,658
Change %
-2.7%
Price
$93.10
Shares after
59,271
Date
04 Mar 2023
Ownership
Direct
Footnotes
F3
ITT transaction

Common Stock

Tax liability

Transaction value
$191,600
Shares
-2,058
Change %
-3.5%
Price
$93.10
Shares after
57,213
Date
04 Mar 2023
Ownership
Direct
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Reflects an award of restricted stock units, all of which are scheduled to vest on March 3, 2026.

Footnote F2

Acquired upon the settlement of performance units granted on March 4, 2020 under the ITT Inc. 2011 Omnibus Incentive Plan (the "Plan") as a result of the satisfaction of the performance criteria underlying the award.

Footnote F3

Reflects the withholding of shares of common stock to pay the tax liability incident to the settlement of performance units on March 4, 2023, as described in footnote (2) above. The number of shares withheld was determined on March 6, 2023 based on the average of the high/low price of the issuer's common stock on March 6, 2023.

Footnote F4

Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting on March 4, 2023 of restricted stock units granted under the Plan. The number of shares withheld was determined on March 6, 2023 based on the average of the high/low price of the issuer's common stock on March 6, 2023.

Footnote F5

Includes 269 shares under a dividend reinvestment plan.

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