ITT Inc. Reports Director Changes and Executive Compensation Updates
Ticker: ITT · Form: 8-K · Filed: Oct 1, 2024 · CIK: 216228
| Field | Detail |
|---|---|
| Company | Itt INC. (ITT) |
| Form Type | 8-K |
| Filed Date | Oct 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
TL;DR
ITT Inc. filed an 8-K on Oct 1st detailing director changes and executive pay adjustments.
AI Summary
ITT Inc. filed an 8-K on October 1, 2024, reporting changes in its board of directors and executive compensation. Specifically, the filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives. The company, headquartered in Stamford, CT, is involved in the pumps and pumping equipment industry.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: low — This filing is routine corporate governance and compensation disclosure, not indicating immediate financial distress or significant operational changes.
Key Players & Entities
- ITT INC. (company) — Registrant
- October 1, 2024 (date) — Date of Report
- Stamford, CT (location) — Principal Executive Offices
- PUMPS & PUMPING EQUIPMENT [3561] (industry) — Standard Industrial Classification
FAQ
What specific roles have seen departures or appointments among ITT Inc.'s officers?
The filing indicates the departure of certain officers and the election of new directors, but does not specify the exact roles affected in this excerpt.
When was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 1, 2024.
What is ITT Inc.'s Standard Industrial Classification code?
ITT Inc.'s Standard Industrial Classification code is 3561, for Pumps & Pumping Equipment.
Where are ITT Inc.'s principal executive offices located?
ITT Inc.'s principal executive offices are located at 100 Washington Boulevard, 6th Floor, Stamford, CT 06902.
What is the SEC Act under which this 8-K is filed?
This 8-K is filed under the 1934 Act.
Filing Stats: 693 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-10-01 16:32:03
Key Financial Figures
- $1 — ch registered Common Stock, par value $1 per share ITT New York Stock Exchange
Filing Documents
- itt-20241001.htm (8-K) — 33KB
- exhibit991ittbodappointment.htm (EX-99.1) — 8KB
- image_0a.jpg (GRAPHIC) — 8KB
- 0000216228-24-000070.txt ( ) — 211KB
- itt-20241001.xsd (EX-101.SCH) — 2KB
- itt-20241001_def.xml (EX-101.DEF) — 14KB
- itt-20241001_lab.xml (EX-101.LAB) — 26KB
- itt-20241001_pre.xml (EX-101.PRE) — 15KB
- itt-20241001_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release issued by ITT Inc., dated October 1, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
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) October 1, 2024 By: /s/ Lori B. Marino Name: Lori B. Marino Title: Senior Vice President, General Counsel and Corporate Secretary (Authorized Officer of Registrant)