Ralliant CAO granted 3.9 EDIP phantom shares
Ralliant Corp Chief Accounting Officer Osben Teo reported a small, compensation-related change in his deferred stock account.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 3.9 | $69.22 | $269.96 |
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
notional dividend accruals financial
EDIP Stock Fund financial
vested portion financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ralliant Corp (RAL) report for Osben Teo?
How does vesting work for Osben Teo’s Ralliant (RAL) EDIP contributions?
Is Osben Teo’s Ralliant (RAL) Form 4 transaction an open-market stock trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.