---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-029599"
form_type: "8-K"
ticker: "IR"
cik: "0001699150"
company_name: "Ingersoll Rand Inc."
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:19:53.819817+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ingersoll Rand divests all legacy asbestos liabilities to Delticus; capitalized with $188.5M

## Summary
- Sold subsidiaries holding legacy asbestos liabilities and related insurance assets to Delticus, a platform owned by Third Point LLC affiliates.
- Divested entities capitalized with $188.5M total: $143.5M from insurance proceeds, $35M from Delticus, $10M from Ingersoll Rand.
- No asbestos liabilities or related insurance assets will appear on Ingersoll Rand's year-end 2024 consolidated balance sheet.
- Independent solvency opinion received from advisory firm; Delticus assumes management of claims and insurance reimbursements.
- Evercore and Simpson Thacher advised Ingersoll Rand; PJT Partners and King & Spalding advised Delticus.

## SEC filing metadata
- accession: 0001140361-24-029599
- form_type: 8-K
- ticker: IR
- cik: 0001699150
- company_name: Ingersoll Rand Inc.
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699150/000114036124029599/0001140361-24-029599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699150/000114036124029599/ef20030953_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-029599
- JSON: https://secwatch.observer/filing/0001140361-24-029599.json
- Plain text: https://secwatch.observer/filing/0001140361-24-029599.txt

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