ITT Inc. Reports Officer/Director Changes, Comp Arrangements

Ticker: ITT · Form: 8-K · Filed: 2024-01-22T00:00:00.000Z

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

Key Players & Entities

Forward-Looking Statements

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'.

From the Filing

0000216228-24-000013.txt : 20240122 0000216228-24-000013.hdr.sgml : 20240122 20240122160637 ACCESSION NUMBER: 0000216228-24-000013 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240120 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240122 DATE AS OF CHANGE: 20240122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ITT INC. CENTRAL INDEX KEY: 0000216228 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] ORGANIZATION NAME: 06 Technology IRS NUMBER: 811197930 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05672 FILM NUMBER: 24548932 BUSINESS ADDRESS: STREET 1: 100 WASHINGTON BLVD STREET 2: 6TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 914.641.2000 MAIL ADDRESS: STREET 1: 100 WASHINGTON BLVD STREET 2: 6TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: ITT Inc. DATE OF NAME CHANGE: 20160517 FORMER COMPANY: FORMER CONFORMED NAME: ITT Corp DATE OF NAME CHANGE: 20100308 FORMER COMPANY: FORMER CONFORMED NAME: ITT CORP DATE OF NAME CHANGE: 20060705 8-K 1 itt-20240120.htm 8-K itt-20240120 false 0000216228 Indiana 0000216228 2024-01-20 2024-01-20   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: January 20, 2024 (Date of earliest event reported)   ITT INC. (Exact name of registrant as specified in its charter)   Indiana 001-05672 81-1197930 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 100 Washington Boulevard 6th Floor Stamford , CT 06902 (Principal Executive Office) Telephone Number: ( 914 )  641-2000 Not Applicable Former name or former address, if changed since last report Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1 per share ITT New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 under the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 under the Securities Exchange Act of 1934 (17 CFR 240.12b-2).                                                 Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Arrangements of Certain Officers (b) On January 20, 2024, Mr. Nicholas Fanandakis notified the Company that he will not stand for re-election as a director of ITT Inc. (t

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