Ralliant Insider Filing: Amir Kazmi Receives EDIP Credit, Holdings 843.1 Shares
Rhea-AI Filing Summary
Amir A. Kazmi, SVP and Chief Technology Officer of Ralliant Corp (RAL), was credited with one notional share in the company’s Executive Deferred Incentive Program Stock Fund on 09/23/2025. The notional dividend accrual used the NYSE closing price of $44.06 on that date. Those phantom shares convert one-for-one into Ralliant common stock when settled. Following the reported accrual, the filing shows 843.1 shares beneficially owned by the reporting person as direct ownership. The EDIP provides immediate vesting for voluntary contributions and describes vesting for employer contributions by death, retirement after five years of service and age 55, or pro rata after five years of participation. Some phantom shares reflected were converted from Fortive’s EDIP in connection with separation from Fortive Corporation.
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Insights
TL;DR: A routine EDIP accrual credited one phantom share to the CTO, increasing direct beneficial holdings to 843.1 shares.
The Form 4 reports a non-derivative credit of one notional share to Amir Kazmi under Ralliant’s Executive Deferred Incentive Program on 09/23/2025 at a closing price of $44.06. This is an administrative recording of a notional dividend accrual rather than an open-market purchase or sale. The filing discloses vesting rules and that certain phantom shares were converted from Fortive’s EDIP upon separation. The change is small in absolute terms and appears procedural; it does increase the reporting person’s direct beneficial ownership as recorded on the form.
TL;DR: Disclosure documents standard EDIP settlement mechanics and vesting; transaction is administrative and non-material.
The report documents settlement mechanics for phantom shares in the EDIP Stock Fund and confirms immediate vesting for voluntary contributions and specified vesting pathways for employer contributions. The conversion of prior Fortive phantom shares is noted, reflecting corporate separation housekeeping. No indications of market trading or change in control provisions are included in this filing. From a governance perspective, the disclosure meets Section 16 reporting requirements for officer beneficial ownership changes.
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. Amount includes phantom shares that had accrued under Fortive's Executive Deferred Incentive Program that were converted to the EDIP Stock Fund in connection with the Issuer's separation from Fortive Corporation.
