RAL Insider Report: Karen Bick Adds 4.4 Notional Shares to EDIP; Holdings 3,877.6
Rhea-AI Filing Summary
Ralliant Corp (RAL) Form 4 disclosure: Karen M. Bick, SVP and Chief People Officer, reported an acquisition on 09/23/2025 of 4.4 notional shares under the company's Executive Deferred Incentive Program (EDIP) Stock Fund at a closing price of $44.06 per share. The notional shares are phantom shares that settle one-for-one into Ralliant common stock when vested. After the transaction the reporting person beneficially owns 3,877.6 shares (direct). The filing explains vesting rules: voluntary contributions vest immediately; employer contributions vest on specified events or pro rata after five years of participation. The form was signed by an attorney-in-fact on 09/24/2025.
Positive
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Negative
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Insights
TL;DR: Routine insider accrual of phantom shares; small economic value, no immediate dilution and limited investor impact.
The entry records a 4.4-share notional dividend accrual priced at $44.06, converting to phantom shares in the EDIP Stock Fund and adding to a direct holding of 3,877.6 shares. This is a non-cash, deferred compensation event rather than an open-market purchase or sale. Because the shares are not newly issued common stock until settlement and the amount is small relative to typical market cap, the transaction is informational and unlikely to materially affect outstanding share count or near-term financials.
TL;DR: Disclosure aligns with standard Section 16 reporting for deferred compensation; vesting terms are clearly stated.
The Form 4 properly documents a notional dividend accrual under the EDIP and summarizes vesting mechanics: immediate vesting for voluntary contributions, conditional vesting for employer contributions, and conversion of previously accrued phantom shares from Fortive. The filing provides necessary detail for oversight of executive compensation but contains no indications of accelerated or unusual awards that would raise governance concerns.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 4.4 | $44.06 | $193.86 |
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.
