secwatch.observer — SEC 8-K summary
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Issuer:     ITT INC. (ITT)
CIK:        0000216228
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0000216228-23-000034
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITT adds two directors and approves $1B share repurchase authorization
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- Nazzic Keene (former CEO of SAIC) and Kevin Berryman (former CFO of Jacobs Solutions) elected to board.
- Board approved $1B indefinite-term share repurchase authorization, replacing current $500M program.
- Sabrina Soussan resigned effective Oct 5, 2023, no disagreement; board size increased to nine.
- Berryman appointed to Audit Committee; Keene to Nominating and Governance Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216228/000021622823000034/0000216228-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216228/000021622823000034/itt-20231002.htm
  HTML page:      https://secwatch.observer/filing/0000216228-23-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer