Marino Lori B. 4/A
4/A · ITT INC. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
ITT SVP Lori B. Marino Sells 5,004 Shares for Tax Withholding
What Happened Lori B. Marino — Senior Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary of ITT (ITT) — had a total of 5,004 shares withheld to satisfy tax liabilities arising from equity awards/vesting on March 3, 2026. The filing shows two withholding disposals: 3,579 shares at $190.39 each ($681,406) and 1,425 shares at $190.39 each ($271,306), totaling about $952,712. These were tax withholdings (transaction code F), not open-market sales.
Key Details
- Transaction date: March 3, 2026; per-share price reported: $190.39.
- Shares withheld/disposed: 3,579 shares ($681,406) and 1,425 shares ($271,306); combined 5,004 shares (~$952,712).
- Reason: Tax withholding to pay the tax liability from settlement of performance units and vesting of restricted stock units (RSUs).
- Filing: This is an amended Form 4 (filed March 11, 2026) correcting overreported withheld-share counts in the original Form 4 filed March 5, 2026 (see footnotes F1–F3).
- Resulting beneficial ownership: Amendment corrects the total number of shares beneficially owned (footnote F3); the updated total is reflected in the amended filing.
Context
- Withholding to cover taxes is a routine disposition and does not reflect an open-market investment decision; it’s common when awards vest or settle.
- Transaction code F indicates shares were retained/forfeited to the company as payment of tax obligations rather than a voluntary sale.
Insider Transaction Report
Form 4/AAmended
ITT INC.ITT
Marino Lori B.
See Remarks
Transactions
- Tax Payment
Commn Stock
[F1]2026-03-03$190.39/sh−3,579$681,406→ 14,028 total - Tax Payment
Common Stock
[F2]2026-03-03$190.39/sh−1,425$271,306→ 12,603 total
Holdings
- 15,638
Common Stock
[F3]
Footnotes (3)
- [F1]The original Form 4 filed by the Reporting Person on March 5, 2026 inadvertently overreported the number of shares of common stock that were withheld for tax withholding to pay the tax liability incident to the settlement of performance units on March 3, 2026, as described in the original Form 4. The amount reported herein corrects the number of shares that were withheld on March 3, 2026 with respect to such settlement.
- [F2]The original Form 4 filed by the Reporting Person on March 5, 2026 inadvertently overreported the number of shares of common stock that were withheld for tax withholding to pay the tax liability incident to the vesting on March 3, 2026 of restricted stock units granted on March 3, 2023, as described in the original Form 4. The amount reported herein corrects the number of shares that were withheld on March 3, 2026 with respect to such vesting.
- [F3]The amount reported herein corrects the resulting total number of shares beneficially owned by the Reporting Person following all transactions reported in the original Form 4, as corrected by this amendment.
Signature
Tymour Okasha, Assistant Secretary for ITT Inc.; by Power of Attorney for Lori B. Marino|2026-03-11