Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

Ingersoll Rand logoIngersoll Rand IR

The company said its Board, upon the recommendation of the Nominating and Corporate Governance Committee, appointed Michelle Swanenburg as a director on April 3, 2025, to serve from that day until the 2025 Annual Meeting of Stockholders.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its Board, upon the recommendation of the Nominating and Corporate Governance Committee, appointed Michelle Swanenburg as a director on April 3, 2025, to serve from that day until the 2025 Annual Meeting of Stockholders.

  2. Ingersoll Rand said it assigned Swanenburg to the Compensation Committee and the Sustainability Committee. It said the Board determined she meets the independent director requirements under New York Stock Exchange listing standards.

  3. The company said it will pay Swanenburg, on a prorated basis, an annual retainer of $61,875 and restricted stock units valued at $144,375. The number of RSUs will be set using the New York Stock Exchange closing price on May 5, 2025, and the RSUs will fully vest on the 1-year anniversary of the grant date.

  4. In its press release, the company said Swanenburg is head of Human Resources at T. Rowe Price, has more than 20 years of experience, and previously served as head of HR at Oaktree Capital Management.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Michelle Swanenburg Appointed to Board; Term

The company said its Board, upon the recommendation of the Nominating and Corporate Governance Committee, appointed Michelle Swanenburg as a director on April 3, 2025, to serve from that day until the 2025 Annual Meeting of Stockholders.

Source · Based on the filing body and exhibits

Compensation and Sustainability Committee Assignments; Independence Determination

Ingersoll Rand said it assigned Swanenburg to the Compensation Committee and the Sustainability Committee. It said the Board determined she meets the independent director requirements under New York Stock Exchange listing standards.

Source · Based on the filing body and exhibits

Compensation for Non-Employee Directors

The company said it will pay Swanenburg, on a prorated basis, an annual retainer of $61,875 and restricted stock units valued at $144,375. The number of RSUs will be set using the New York Stock Exchange closing price on May 5, 2025, and the RSUs will fully vest on the 1-year anniversary of the grant date.

Source · Based on the filing body and exhibits

Swanenburg Background and Company Statement

In its press release, the company said Swanenburg is head of Human Resources at T. Rowe Price, has more than 20 years of experience, and previously served as head of HR at Oaktree Capital Management.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.