[Form 4] Ralliant Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ralliant Corp senior vice president and Chief People Officer Karen M. Bick reported a routine compensation-related transaction under the company’s Executive Deferred Incentive Program. She acquired 3.6 notional units in the Ralliant Stock Fund at a reference price of $69.22, bringing her total to 4,935.9 units that are designed to settle one-for-one in common stock under the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bick Karen M.
Role
SVP - Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 3.6 | $69.22 | $249.19 |
Holdings After Transaction:
Executive Deferred Incentive Program - Ralliant Stock Fund — 4,935.9 shares (Direct, null)
Footnotes (1)
- The reported securities are notional dividend accruals on phantom shares in the Issuer stock fund (the "EDIP Stock Fund") under the Issuer's Executive Deferred Incentive Program (the "EDIP"). The number of phantom shares accrued as a result of such notional dividend accruals is based on the closing price of the Issuer's common stock as reported on the NYSE on the date such dividend accruals are credited to the EDIP Stock Fund, which closing price is shown in Table II, Column 8. The notional shares settle in shares of the Issuer's common stock on a one-to-one basis. The Reporting Person immediately vests in 100% of each voluntary contribution to the EDIP Stock Fund. The Reporting Person will vest in all contributions to the EDIP Stock Fund by the Issuer as follows: 100% upon the earlier of the Reporting Person's death, or upon retirement following at least five years of service with the Issuer and reaching the age of 55, or, if earlier, one-tenth per year of participation following five years of participation, in each case in accordance with the EDIP. Upon termination of employment, the vested portion of the EDIP Stock Fund is settled in the Issuer's common stock.
FAQ
What insider transaction did Ralliant (RAL) report for Karen M. Bick?
Ralliant reported that SVP and Chief People Officer Karen M. Bick acquired 3.6 notional units in the Executive Deferred Incentive Program Ralliant Stock Fund, tied to the company’s stock price and designed to settle in common shares under plan terms.
How many EDIP phantom stock units does Karen M. Bick hold after this RAL filing?
After the reported transaction, Karen M. Bick holds 4,935.9 notional units in the Executive Deferred Incentive Program’s Ralliant Stock Fund. These phantom units track Ralliant’s common stock and are structured to settle in actual shares on a one-to-one basis when the plan pays out.
What are the vesting conditions for Ralliant (RAL) EDIP Stock Fund contributions?
The reporting person vests immediately in voluntary contributions to the EDIP Stock Fund. Issuer contributions vest upon death, qualifying retirement after five years and age 55, or gradually at one-tenth per year after five years of participation, with vested amounts settled in Ralliant common stock after employment ends.
Is the Ralliant (RAL) Form 4 transaction an open-market stock purchase?
No. The Form 4 reflects a grant-type acquisition of 3.6 phantom units from notional dividend accruals in the Executive Deferred Incentive Program. It is a compensation and deferral mechanism, not an open-market buy or sell of Ralliant common stock by the executive.