Maurine C. Lembesis - 04 Mar 2024 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
06 Mar 2024, 16:21:33 UTC
Prior SEC filing
07 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tymour Okasha, Assistant Secretary for ITT Inc.; by Power of Attorney for Maurine Lembesis

Key filing fact

Maurine C. Lembesis filed Form 4 for ITT INC. (ITT) on 06 Mar 2024.

Key facts

  • This page summarizes Maurine C. Lembesis's Form 4 filing for ITT INC. (ITT).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Mar 2024, 16:21.

Change

  • Previous filing in this sequence was filed on 07 Aug 2023.
  • Current net transaction value: -$363,191.

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
+1,565
Change %
+9.1%
Price
$0.000000
Shares after
18,711
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1
ITT transaction

Common Stock

Award

Transaction value
$0
Shares
+5,500
Change %
+29%
Price
$0.000000
Shares after
24,211
Date
04 Mar 2024
Ownership
Direct
Footnotes
F2
ITT transaction

Common Stock

Tax liability

Transaction value
$259,349
Shares
-2,023
Change %
-8.4%
Price
$128.20
Shares after
22,188
Date
04 Mar 2024
Ownership
Direct
Footnotes
F3
ITT transaction

Common Stock

Tax liability

Transaction value
$103,842
Shares
-810
Change %
-3.7%
Price
$128.20
Shares after
21,378
Date
04 Mar 2024
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reflects an award of restricted stock units, all of which are scheduled to vest on March 4, 2027.

Footnote F2

Acquired upon the settlement of performance units granted on March 4, 2021 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, 2024, as described in footnote (2) above. The number of shares withheld was determined on March 4, 2024 based on the average of the high/low price of the issuer's common stock on March 4, 2024.

Footnote F4

Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting on March 4, 2024 of restricted stock units granted under the Plan. The number of shares withheld was determined on March 4, 2024 based on the average of the high/low price of the issuer's common stock on March 4, 2024.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .