ITT Inc. Files 2025 Proxy Statement

TL;DR

ITT Proxy filed: vote on exec pay & board for 5/21 meeting.

AI Summary

ITT Inc. filed its definitive proxy statement (DEF 14A) on April 8, 2025, for its annual meeting on May 21, 2025. The filing details executive compensation, board nominations, and other corporate governance matters for the company, which is in the pumps and pumping equipment industry.

Why It Matters

This filing provides shareholders with crucial information regarding executive pay and board composition, enabling them to make informed voting decisions at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that outlines standard corporate governance and compensation details.

Key Numbers

• 20250408 — Filing Date (Date the proxy statement was submitted to the SEC.)
• 20250521 — Meeting Date (Date of the shareholder meeting for which the proxy is being solicited.)

Key Players & Entities

• ITT Inc. (company) — Registrant
• 0001104659-25-032879 (filing_id) — Accession Number
• 20250408 (date) — Filing Date
• 20250521 (date) — Meeting Date
• 3561 (industry_code) — Standard Industrial Classification

FAQ

From the Filing

0001104659-25-032879.txt : 20250408 0001104659-25-032879.hdr.sgml : 20250408 20250408080042 ACCESSION NUMBER: 0001104659-25-032879 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 74 CONFORMED PERIOD OF REPORT: 20250521 FILED AS OF DATE: 20250408 DATE AS OF CHANGE: 20250408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ITT INC. CENTRAL INDEX KEY: 0000216228 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] ORGANIZATION NAME: 06 Technology EIN: 811197930 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05672 FILM NUMBER: 25820312 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 DEF 14A 1 tm252285-2_def14a.htm FORM DEF14A tm252285-1_nonfiling - none - 29.4281832s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 ​ ☒   Filed by the Registrant ​ ​ ☐   Filed by a Party other than the Registrant ​ Check the appropriate box: ☐ Preliminary Proxy Statement ​ ☐ CONFIDENTIAL, FOR THE USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)) ​ ☒ Definitive Proxy Statement ​ ☐ Definitive Additional Materials ​ ☐ Soliciting Material Pursuant to Rule 14a-12 ​ ITT Inc. ​ (Name of Registrant as Specified In Its Charter)   ​ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒   No fee required. ☐   Fee paid previously with preliminary materials. ☐   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. TABLE OF CONTENTS 2025 Notice of Annual Meeting & Proxy Statement ITT Inc. TABLE OF CONTENTS ITT Inc. 100 Washington Boulevard 6th Floor Stamford, CT 06902 ​ DEAR FELLOW SHAREHOLDER ​ TIMOTHY H. POWERS CHAIRMAN OF THE BOARD April 8, 2025 Dear Fellow Shareholder, On behalf of the Board of Directors (the “Board”), thank you for your ongoing partnership and investment in ITT. It continues to be my sincere pleasure to serve as your Chairman of the Board. My fellow Board members and ITT leadership are remarkably proud of how all ITTers across the globe worked together diligently to deliver a strong performance in 2024. The company delivered on its commitments, invested both organically and through M&A, and continued to enhance its already best-in-class governance practices. Below, you will find highlights of the ways ITT’s Board and management team have been working on your behalf this past year. FISCAL 2024 ACCOMPLISHMENTS ITT delivered another strong performance in 2024, highlighted by 7% organic revenue growth, 80 basis points of adjusted operating margin expansion, 12% adjusted EPS growth, and over $560 million of cash from operations. With total orders growing 10% for the year, ITT built an ending backlog of $1.6 billion, bolstered by the contributions from our 2024 acquisitions, Svanehøj and kSARIA. These results drove total shareholder return of approximately 21% and outperformances of the S&P 400 Midcap and S&P Capital Goods indices by 690 and 560 basis points, respectively. Additionally, we eclipsed $11.5 billion in market capitalization. All of this is a reflection of the ITT team’s work and commitment. STRATEGY, INNOVATION AND CAPITAL D