RAL Form 4: Chief Legal Officer Credited 1 EDIP Notional Share at $44.06
Rhea-AI Filing Summary
Ralliant Corp (RAL) insider filing: Jonathon E. Boatman, SVP and Chief Legal Officer, reported an acquisition under the company's Executive Deferred Incentive Program (EDIP). On 09/23/2025 he was credited with a notional dividend accrual equal to 1 phantom share in the EDIP Stock Fund, valued at a closing price of $44.06. These notional shares convert one-for-one into Ralliant common stock when settled. Following the reported transaction, the filing shows beneficial ownership of 857.4 shares (direct). The filing notes immediate vesting rules for voluntary contributions and that some phantom shares originated from conversion of Fortive’s EDIP balance.
Positive
- Disclosure of EDIP mechanics clarifies valuation and one-for-one settlement into common stock
- Immediate vesting for voluntary contributions gives the reporting person full ownership of those credited shares
Negative
- Minimal transactional size (1 notional share) offers no material change to ownership or market position
Insights
TL;DR: Routine Form 4 shows a small EDIP credit converting phantom shares to common stock, increasing direct beneficial ownership to 857.4 shares.
The filing documents a non-derivative, non-cash accrual: a 1-share notional dividend credited to the EDIP Stock Fund on 09/23/2025 at a closing price of $44.06. This is an administrative equity credit rather than an open-market purchase or sale. The report confirms immediate vesting for voluntary participant contributions and ties some accrued phantom shares to a prior Fortive program conversion. For investors, this is routine insider compensation activity with no direct cash proceeds or market-impacting transaction disclosed.
TL;DR: Disclosure reflects standard executive deferred compensation mechanics and vesting; no unusual transfer or departure signal.
The submission clarifies plan mechanics: phantom shares in the EDIP Stock Fund are valued using the NYSE closing price on the accrual date and settle one-to-one into common stock. The reporter’s immediate vesting for voluntary contributions and structured vesting for employer contributions are explicitly described. The conversion of Fortive-era phantom shares is noted, indicating administrative continuity after separation. This Form 4 appears to be a routine compliance disclosure under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 1 | $44.06 | $44.06 |
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 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. Amount includes phantom shares that had accrued under Fortive's Executive Deferred Incentive Program that were converted to the EDIP Stock Fund in connection with the Issuer's separation from Fortive Corporation.
