ITT INC.

Current report

The conflict involving the United States, Israel, and Iran and related geopolitical instability may adversely affect our business.

Current report

In February 2026, the United States and Israel conducted coordinated military strikes against Iran, which responded with missile attacks across the region. Although we do not have material operations in the Middle East, the ongoing conflict, and any further escalation, including additional military actions, retaliatory measures, sanctions, disruptions to trade or transportation routes, cyberattacks, or other governmental or market responses, has resulted in, and could continue to result in, significant disruptions to global energy supplies and increases in energy prices. These developments may heighten inflationary pressures on our input costs and supply chain, adversely affect global supply chains, energy and commodity markets, currency exchange rates, financial markets, and overall macroeconomic conditions, and negatively impact customer demand in the markets in which we operate. While we expect the conflict to continue to affect our business, financial condition, and results of operations, the extent and duration of these impacts remain uncertain.

Current report

On March 2, 2026, the Company issued 3,839,824 shares of ITT common stock, representing $777.2 of the consideration issued of LSF11 Redwood Parent, L.P., a Delaware limited partnership, for the SPX FLOW acquisition. The shares were issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act.

Current report

(1)Excludes shares withheld in settlement of employee tax withholding obligations due upon the vesting of restricted stock unit and performance stock unit awards.

Current report

(2)Average price paid per share is calculated on a settlement basis and excludes commissions.

Current report

(3)Amounts are in whole numbers.

Previous report

Tariffs remain uncertain and may continue to have a negative impact to our business.

Previous report

Over the last several years, the U.S. government has undertaken a series of actions to impose or increase tariffs on certain goods imported into the U.S., particularly from China and other key trading partners. In early 2025, the U.S. government announced or extended tariffs on a range of imported goods, including certain industrial components and raw materials, as part of ongoing trade actions. In response, several countries, including China, announced or implemented retaliatory tariffs on goods exported from the United States. These reciprocal trade measures have contributed to increased uncertainty in global trade policy and supply chain dynamics. Prior tariffs have negatively impacted demand for our products as well as the cost of certain parts and materials that we purchase from vendors located overseas, particularly in China. Although we have been mitigating, and will continue attempting to mitigate, the impact of tariffs by supplier and customer negotiations, diversification strategies and pricing actions, there can be no assurance that our mitigation actions will be effective. As trade tensions remain elevated and governments continue to adjust their trade policies, it is unclear what additional measures may be taken by the U.S. or other countries. Any new or continued trade disputes, retaliatory tariffs, or additional protectionist policies may adversely affect demand for our products, increase our input costs, disrupt our global supply chain, and create volatility in the broader economic environment. These risks, in turn, could have a material adverse effect on our business, results of operations, and financial condition.

Previous report — wording carried elsewhere

As of September 27, 2025, there was $475 of remaining capacity under the 2023 Plan.

Previous report — wording carried elsewhere

There were no open-market share repurchases during the three months ended September 27, 2025.