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AI English summary of an SEC filing — figures as filed

Ingersoll Rand logoIngersoll Rand IR

The company said Michael Weatherred, Senior Vice President of the Precision and Science Technologies (PST) segment and Demand Generation and Execution (DGX), gave notice of his retirement from those roles, effective immediately on October 27, 2026, and agreed to serve in an advisory role through May 2028. Scott Watson and Shaun Carlson were appointed senior vice president and group president on the same day.

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

Key points

AI summary
  1. The company said Michael Weatherred, Senior Vice President of the Precision and Science Technologies (PST) segment and Demand Generation and Execution (DGX), gave notice of his retirement from those roles, effective immediately on October 27, 2026, and agreed to serve in an advisory role through May 2028. Scott Watson and Shaun Carlson were appointed senior vice president and group president on the same day.

  2. Ingersoll Rand said it approved a grant to Chief Executive Officer Vicente Reynal of 226,098 Performance Stock Units, expected to be made on November 23, 2026, valued at about $17.1 million. All of the units are eligible to vest if the Adjusted EPS CAGR reaches 10% or higher between January 1, 2027 and December 31, 2031.

  3. The company said Reynal could receive stock options for each fiscal year from 2027 to 2031 depending on Adjusted EPS growth: 50,000 shares at 9% growth and 100,000 shares at 10% or higher. The number of PSUs that vest will be adjusted under the ROIC modifier within a range of -10% to +10%.

  4. The company said its amended employment agreement with Reynal extends the end date of the initial term from September 1, 2027 to February 29, 2032 and raises his annual base salary from $1,100,000 to $1,200,000. The target bonus remains at 150% of base salary, and if he is terminated within the change-in-control period, his severance will be 1.5x his base salary.

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.

Weatherred Retires; Watson and Carlson Appointed

The company said Michael Weatherred, Senior Vice President of the Precision and Science Technologies (PST) segment and Demand Generation and Execution (DGX), gave notice of his retirement from those roles, effective immediately on October 27, 2026, and agreed to serve in an advisory role through May 2028. Scott Watson and Shaun Carlson were appointed senior vice president and group president on the same day.

Source · Based on the filing body and exhibits

Reynal Receives New Performance-Based PSU Award

Ingersoll Rand said it approved a grant to Chief Executive Officer Vicente Reynal of 226,098 Performance Stock Units, expected to be made on November 23, 2026, valued at about $17.1 million. All of the units are eligible to vest if the Adjusted EPS CAGR reaches 10% or higher between January 1, 2027 and December 31, 2031.

Source · Based on the filing body and exhibits

Reynal Performance-Conditioned Options and PSU Adjustments

The company said Reynal could receive stock options for each fiscal year from 2027 to 2031 depending on Adjusted EPS growth: 50,000 shares at 9% growth and 100,000 shares at 10% or higher. The number of PSUs that vest will be adjusted under the ROIC modifier within a range of -10% to +10%.

Source · Based on the filing body and exhibits

Reynal Employment Agreement Amendments

The company said its amended employment agreement with Reynal extends the end date of the initial term from September 1, 2027 to February 29, 2032 and raises his annual base salary from $1,100,000 to $1,200,000. The target bonus remains at 150% of base salary, and if he is terminated within the change-in-control period, his severance will be 1.5x his base salary.

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.