Ralliant (RAL) SVP Bick awarded 1,045 notional EDIP stock units
Rhea-AI Filing Summary
Bick Karen M. reported acquisition or exercise transactions in this Form 4 filing.
Ralliant Corp senior vice president and Chief People Officer Karen M. Bick received a compensation-related award tied to 1,045.1 notional shares of common stock through the Executive Deferred Incentive Program stock fund at a reference price of $46.36 per share. These unfunded, notional units are deemed invested based on the prior business day’s NYSE closing price and settle one-for-one in Ralliant common shares under the plan’s terms. Following this award, Bick’s reported balance in the EDIP stock fund rose to 4,926.5 notional shares, which vest over time according to service, age, retirement, or death provisions described in the program.
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Insights
Routine deferred compensation grant, no direct market buying or selling.
This transaction shows Karen M. Bick receiving 1,045.1 notional shares in Ralliant’s Executive Deferred Incentive Program stock fund at $46.36. It is classified as an acquisition under code A, reflecting a grant or award rather than an open-market purchase.
The units are unfunded, notional interests that track Ralliant common stock and ultimately settle one-for-one in shares under the plan. Vesting depends on service and retirement conditions, which makes this primarily a long-term compensation and retention mechanism.
No shares were sold, and there is no indication of a Rule 10b5-1 trading plan or other trading activity. From an investor perspective, this is a routine executive compensation event with limited immediate impact, though it modestly increases potential future share delivery under the deferred program.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 1,045.1 | $46.36 | $48K |
Footnotes (1)
- Compensation deferred or contributed into the Issuer stock fund (the "EDIP Stock Fund") under the Issuer's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the business day last preceding the date such compensation is 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.