ITT Inc. Reports Officer/Director Changes, Comp Arrangements
Ticker: ITT · Form: 8-K · Filed: Jan 22, 2024 · CIK: 216228
| Field | Detail |
|---|---|
| Company | Itt INC. (ITT) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**ITT Inc. filed an 8-K on Jan 22, 2024, indicating executive changes or new compensation plans.**
AI Summary
ITT Inc. filed an 8-K on January 22, 2024, reporting an event that occurred on January 20, 2024. This filing indicates changes related to the departure or election of directors or officers, and/or compensatory arrangements for certain officers. While specific names or dollar amounts are not detailed in this excerpt, such changes can signal shifts in leadership strategy or financial commitments, which could impact the company's future direction and profitability for shareholders.
Why It Matters
Changes in leadership or executive compensation can signal strategic shifts or financial health, directly influencing investor confidence and the company's stock performance.
Risk Assessment
Risk Level: medium — Without specific details on the changes, the impact on the company's stability and future performance is uncertain, posing a moderate risk.
Analyst Insight
Investors should monitor ITT Inc.'s subsequent filings or press releases for specific details regarding the reported changes in officers, directors, or compensation arrangements to assess potential impacts on company strategy and financial outlook.
Key Numbers
- $1 — par value per share (par value of ITT Inc.'s Common Stock)
Key Players & Entities
- ITT INC. (company) — registrant
- January 20, 2024 (date) — date of earliest event reported
- January 22, 2024 (date) — filing date
- Indiana (company) — state of incorporation for ITT INC.
- 001-05672 (dollar_amount) — Commission File Number
- 81-1197930 (dollar_amount) — I.R.S. Employer Identification No.
- 100 Washington Boulevard 6th Floor Stamford, CT 06902 (company) — Principal Executive Office of ITT INC.
- 914-641-2000 (dollar_amount) — Telephone Number of ITT INC.
- Common Stock, par value $1 per share (company) — class of stock registered on NYSE
- ITT (company) — trading symbol for ITT INC.
Forward-Looking Statements
- ITT Inc. will provide more specific details regarding the executive changes or compensation arrangements in future filings or press releases. (ITT INC.) — high confidence, target: Q1 2024
FAQ
What is the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 20, 2024.
What is the primary business address of ITT INC. as stated in the filing?
The primary business address of ITT INC. is 100 Washington Boulevard, 6th Floor, Stamford, CT 06902.
On which stock exchange is ITT INC.'s Common Stock registered?
ITT INC.'s Common Stock, with a par value of $1 per share, is registered on the New York Stock Exchange.
What is the filing date of this 8-K report?
The 8-K report was filed on January 22, 2024.
What specific items are covered under the 'ITEM INFORMATION' section of this 8-K?
The 'ITEM INFORMATION' section covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
Filing Stats: 500 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-01-22 16:06:37
Key Financial Figures
- $1 — ch registered Common Stock, par value $1 per share ITT New York Stock Exchange
Filing Documents
- itt-20240120.htm (8-K) — 29KB
- 0000216228-24-000013.txt ( ) — 185KB
- itt-20240120.xsd (EX-101.SCH) — 2KB
- itt-20240120_def.xml (EX-101.DEF) — 14KB
- itt-20240120_lab.xml (EX-101.LAB) — 29KB
- itt-20240120_pre.xml (EX-101.PRE) — 15KB
- itt-20240120_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ITT Inc. (Registrant) January 22, 2024 By: /s/ Lori B. Marino Name: Lori B. Marino Title: Senior Vice President, General Counsel and Corporate Secretary (Authorized Officer of Registrant)