IR - Insider Activity Update: Michael Scheske Executes Options Exercise Resulting In $707K At Ingersoll Rand | Benzinga
Highlighted on February 23, it was unveiled in an SEC filing that Scheske, VP at Ingersoll Rand (NYSE:IR), executed a significant transaction involving the exercise of company stock options.
What Happened: Scheske, VP at Ingersoll Rand, exercised stock options for 11,401 shares of IR stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Friday. The exercise price of the options was $28.72 per share.
The Friday morning market activity shows Ingersoll Rand shares up by 0.01%, trading at $90.8. This implies a total value of $707,720 for Scheske's 11,401 shares.
Get to Know Ingersoll Rand Better
Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. The firm's portfolio consists of two business lines: industrial technologies and services and precision and science technologies. Ingersoll Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, and fluid management. Ingersoll Rand generated roughly $6.9 billion in revenue in 2023.
Ingersoll Rand: A Financial Overview
Revenue Growth: Ingersoll Rand's revenue growth over a period of 3 months has been noteworthy. As of 31 December, ...