Ralliant accounting chief acquires 3.9 phantom shares
The chief accounting officer's EDIP Stock Fund phantom shares settle in Ralliant common stock on a one-to-one basis.
Rhea-AI Filing Summary
Ralliant Corp Chief Accounting Officer Osben Teo acquired 3.9 phantom shares in the Executive Deferred Incentive Program Stock Fund on September 23, 2026, through notional dividend accruals. The reported resulting balance was 5,444.1 phantom shares. Notional shares settle in Ralliant common stock on a one-to-one basis; no Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3.9 shares
Grant/Award
1 txn
Insider
Osben Teo
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund F1, F2, F3 | 3.9 | $69.99 | $272.96 |
Holdings After Transaction:
Executive Deferred Incentive Program - Ralliant Stock Fund — 5,444.1 contracts (Direct)
Footnotes (3)
- F1. 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.
- F2. The notional shares settle in shares of the Issuer's common stock on a one-to-one basis.
- F3. 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.
Key Figures
Phantom shares acquired: 3.9 phantom shares
Resulting phantom-share balance: 5,444.1 phantom shares
Settlement basis: One-to-one
3 metrics
Phantom shares acquired
3.9 phantom shares
Notional dividend accruals on September 23, 2026
Resulting phantom-share balance
5,444.1 phantom shares
Reported after the September 23, 2026 transaction
Settlement basis
One-to-one
Notional shares settle in Ralliant common stock
Key Terms
notional dividend accruals, phantom shares, EDIP Stock Fund, one-to-one basis, +1 more
5 terms
notional dividend accruals financial
"notional dividend accruals on phantom shares"
EDIP Stock Fund financial
"credited to the EDIP Stock Fund"
one-to-one basis financial
"settle in shares of the Issuer's common stock on a one-to-one basis"
vest financial
"immediately vests in 100% of each voluntary contribution"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RAL Chief Accounting Officer Osben Teo acquire?
Osben Teo acquired 3.9 phantom shares through notional dividend accruals in Ralliant's Executive Deferred Incentive Program Stock Fund on September 23, 2026. The reported resulting balance was 5,444.1 phantom shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.