Company: IR
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001628280-25-037049
Chunk: 51

Company: Ingersoll Rand Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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 on the date of grant. Stock option awards typically vest over four years or five years and expire ten years from the date of grant.A summary of the Company’s stock option activity for the six month period ended June 30, 2025 is presented in the following table (underlying shares in thousands).SharesWeighted-Average Exercise Price (per share)Stock options outstanding as of December 31, 20244,185 $43.33 Granted676 83.36 Exercised or settled(281)32.45 Forfeited(48)75.19 Expired(4)78.68 Stock options outstanding as of June 30, 20254,528 49.61 Vested as of June 30, 20252,900 34.10 

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The following assumptions were used to estimate the fair value of options granted during the six month periods ended June 30, 2025 and 2024 using the Black-Scholes option-pricing model.For the Six Month Period Ended June 30,Assumptions20252024Expected life of options (in years)6.3 - 7.56.3 - 7.5Risk-free interest rate4.1% - 4.2%4.2% - 4.3%Assumed volatility34.2% - 34.3%35.1% - 35.2%Expected dividend rate0.1 %0.1 %Restricted Stock Unit AwardsRestricted stock units are granted to employees and non-employee directors based on the market price of the Company’s common stock on the grant date and recognized in compensation expense over the vesting period. A summary of the Company’s restricted stock unit activity for the six month period ended June 30, 2025 is presented in the following table (underlying shares in thousands).SharesWeighted-Average Grant-Date Fair ValueNon-vested as of December 31, 2024834 $73.00 Granted410 83.26 Vested(271)62.57 Forfeited(41)80.88 Non-vested as of June 30, 2025932 80.19 Performance Stock Unit (“PSUs”) AwardsAnnually, during the first quarter, the Company grants TSR PSUs to certain officers in which the number of shares issued at the end of the performance period is determined by the