Ralliant (NYSE: RAL) CAO adds 3.9 EDIP phantom shares in deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ralliant Corp Chief Accounting Officer Osben Teo reported a small, compensation-related change in his deferred stock account. He acquired 3.9 notional phantom shares in the Executive Deferred Incentive Program (EDIP) stock fund, based on a $69.22 reference price, increasing his EDIP position to 5,440.2 notional shares that ultimately settle in common stock under the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Osben Teo
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 3.9 | $69.22 | $269.96 |
Holdings After Transaction:
Executive Deferred Incentive Program - Ralliant Stock Fund — 5,440.2 shares (Direct, null)
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 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.
Key Figures
Phantom shares granted: 3.9 notional shares
Reference stock price: $69.22 per share
EDIP phantom shares after transaction: 5,440.2 notional shares
+2 more
5 metrics
Phantom shares granted
3.9 notional shares
EDIP Stock Fund grant on 2026-06-23
Reference stock price
<money>$69.22</money> per share
NYSE closing price used for dividend accrual
EDIP phantom shares after transaction
5,440.2 notional shares
Total EDIP Stock Fund balance following accrual
Vesting of voluntary contributions
<percent>100%</percent>
Immediate vesting in EDIP voluntary contributions
Annual vesting rate after 5 years
One-tenth per year
For issuer contributions after five years of participation
Key Terms
Executive Deferred Incentive Program, phantom shares, notional dividend accruals, EDIP Stock Fund, +1 more
5 terms
Executive Deferred Incentive Program financial
"under the Issuer's Executive Deferred Incentive Program (the "EDIP")."
notional dividend accruals financial
"The reported securities are notional dividend accruals on phantom shares"
EDIP Stock Fund financial
"credited to the EDIP Stock Fund, which closing price is shown"
vested portion financial
"Upon termination of employment, the vested portion of the EDIP Stock Fund is settled"
FAQ
What insider transaction did Ralliant Corp (RAL) report for Osben Teo?
Ralliant Corp reported that Chief Accounting Officer Osben Teo acquired 3.9 notional phantom shares in the company’s Executive Deferred Incentive Program stock fund. This grant reflects notional dividend accruals, adding to his deferred compensation position rather than an open-market stock purchase or sale.
How does vesting work for Osben Teo’s Ralliant (RAL) EDIP contributions?
Osben Teo vests immediately, at 100%, in each voluntary contribution to the EDIP Stock Fund. Employer contributions vest upon death, qualifying retirement after certain age and service, or gradually at one-tenth per year after five years of participation, according to the plan’s rules.
Is Osben Teo’s Ralliant (RAL) Form 4 transaction an open-market stock trade?
No. The transaction reflects a grant of notional phantom shares from dividend accruals within the Executive Deferred Incentive Program. It is a compensation-related acquisition recorded in the EDIP stock fund, rather than an open-market purchase or sale of Ralliant common shares.