Ralliant CFO receives small EDIP share accrual
Ralliant Corp reported that SVP and Chief Financial Officer Reynolds Neill acquired 1.7 notional shares in the Executive Deferred Incentive Program Ralliant Stock Fund through a notional dividend accrual valued at $69.22 per phantom share.
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Rhea-AI Filing Summary
Ralliant Corp reported that SVP and Chief Financial Officer Reynolds Neill acquired 1.7 notional shares in the Executive Deferred Incentive Program Ralliant Stock Fund through a notional dividend accrual valued at $69.22 per phantom share. These phantom shares track Ralliant common stock and settle one-for-one in actual shares under the plan’s terms. Following this routine compensation-related accrual, Neill now holds 2,395.2 phantom shares tied to Ralliant stock within the deferred incentive program.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 1.7 | $69.22 | $117.67 |
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
Key Terms
Executive Deferred Incentive Program financial
EDIP Stock Fund financial
notional dividend accruals financial
one-to-one basis financial
vested portion financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ralliant Corp (RAL) disclose for Reynolds Neill?
What is the Executive Deferred Incentive Program (EDIP) mentioned in Ralliant’s Form 4?
How are notional dividend accruals calculated in Ralliant’s EDIP Stock Fund?
Does this Ralliant Form 4 reflect an open-market stock purchase by the CFO?
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