RAL Insider Filing: CFO's EDIP Notional Share Accrual Leaves 853 Shares
Rhea-AI Filing Summary
Reynolds Neill, identified as the issuer's SVP - Chief Financial Officer, reported a Form 4 showing a notional dividend accrual credited to the Executive Deferred Incentive Program Stock Fund on 09/23/2025. The accrual converted to 1 notional share valued at $44.06 (based on the NYSE closing price) and settles one-for-one into common stock. After the transaction the reporting person beneficially owns 853 shares of Ralliant Corp (ticker RAL) as a direct holding. The filing explains these are phantom shares in the EDIP Stock Fund that vest immediately for voluntary contributions and describe vesting conditions for employer contributions. The form was signed by an attorney-in-fact on 09/24/2025.
Positive
- Transparency: The filing discloses EDIP accruals and vesting rules clearly.
- Immediate vesting of voluntary contributions: The reporting person immediately vests in voluntary EDIP Stock Fund contributions.
Negative
- Minimal market impact: The transaction is administrative and does not represent open-market buying or selling.
- Limited change in ownership: Only 1 notional share was credited, a de minimis change in holdings.
Insights
TL;DR: Small EDIP notional dividend credited; minimal direct share change but confirms executive participation in deferred stock plan.
The Form 4 documents a single notional share credited to the EDIP Stock Fund at a price of $44.06 that will settle one-for-one into common stock. The reporting person retains 853 direct shares after the accrual. This is an administrative transaction tied to the company’s deferred compensation plan rather than an open-market purchase or sale, so it is unlikely to materially affect outstanding float or share supply. The filing also reiterates vesting mechanics: voluntary contributions vest immediately and employer contributions vest under specified service/age conditions. All details reflect plan-based bookkeeping rather than a market transaction.
TL;DR: Filing documents EDIP mechanics and immediate vesting for voluntary contributions; no unusual governance signals.
The disclosure specifies the EDIP Stock Fund uses phantom shares that accrue notional dividends based on NYSE closing price and settle one-for-one into common stock. It clarifies immediate vesting for voluntary contributions and conditional vesting for employer contributions (death, retirement after five years with age 55, or graded vesting after five years of participation). The transaction is routine under executive deferred compensation arrangements and provides transparency on how compensation converts to equity for insiders.
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.
