ITT Inc. adopts $7M CEO Retention Plan for Luca Savi with performance-based annual grants through 2029

ITT INC.

Initial RSU grant of $7M; additional annual performance-earned RSUs from 2025-2029 valued up to $7M based on performance payout threshold.
Vesting: later of Dec 31, 2028 and first anniversary for 2024-2028 grants; 2029 grant vests one year post-grant.
CEO Luca Savi's tenure since 2019: 230% TSR vs S&P 500 153%, market cap from $4B to $12B, adjusted EPS grew 61%.
Retention plan reflects investor feedback and committee's confidence in Savi's leadership.

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