[Form 4] Ralliant Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ralliant Corp SVP and Chief Technology Officer Amir A. Kazmi reported a compensation-related award under the company’s Executive Deferred Incentive Program (EDIP). On this Form 4, he acquired 1,210.100 notional shares in the Ralliant Stock Fund at $46.36 per share, bringing his EDIP stock fund balance to 2,054.000 notional shares.
The EDIP Stock Fund is an unfunded, notional account that tracks Ralliant common stock and is deemed invested based on the prior day’s NYSE closing price. The notional shares settle into Ralliant common stock on a one-to-one basis, generally upon vesting and termination events described in the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kazmi Amir A.
Role
SVP - Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Ralliant Stock Fund | 1,210.1 | $46.36 | $56K |
Holdings After Transaction:
Executive Deferred Incentive Program - Ralliant Stock Fund — 2,054 shares (Direct)
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.