---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-032233"
form_type: "8-K"
ticker: "IR"
cik: "0001699150"
company_name: "Ingersoll Rand Inc."
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T16:38:59.739566+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ingersoll Rand grants CEO 1M PSUs, conditional options; new employment agreement

## Summary
- 1,000,000 PSUs: 250,000 TSR PSUs ($81.85 target) and 750,000 EPS PSUs (10%-15% CAGR).
- Conditional annual stock option grants of 100,000 shares each year 2022-2026 if adjusted EPS growth ≥12% YoY.
- New employment agreement: 5-yr term, base salary $1.1M (+$100K), target bonus 150% unchanged.
- Post-termination non-compete extended from 12 to 24 months; double-trigger change-in-control provisions.

## SEC filing metadata
- accession: 0001140361-22-032233
- form_type: 8-K
- ticker: IR
- cik: 0001699150
- company_name: Ingersoll Rand Inc.
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699150/000114036122032233/0001140361-22-032233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699150/000114036122032233/brhc10041596_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-032233
- JSON: https://secwatch.observer/filing/0001140361-22-032233.json
- Plain text: https://secwatch.observer/filing/0001140361-22-032233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.