RBC Bearings (RBC) director sells 350 shares, retains options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RBC Bearings director Steven H. Kaplan reported an open-market sale of 350 shares of Common Stock at $631.795 per share. After this transaction, he directly holds 1,378 Common shares. In addition, he holds multiple options to purchase Common Stock with exercise prices between $137.440 and $565.220 per share and expiration dates from 2027 to 2033.
Footnotes indicate 925 shares of restricted stock that vest in tranches between May 2027 and May 2029, and several option grants that are partly unvested and scheduled to vest between 2027 and 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 350 shares ($221,128)
Net Sell
8 txns
Insider
Kaplan Steven H.
Role
null
Sold
350 shs ($221K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 350 | $631.795 | $221K |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,378 shares (Direct, null);
Option to Purchase Common Stock — 400 shares (Direct, null)
Footnotes (1)
- Consists of 925 shares of restricted stock, which vest according to the following schedule; 226 shares that vest on 5/29/2027; 355 shares 1/2 of which vest on 5/30/2027 and 1/2 vest on 5/30/2028; and 344 shares 1/3 of which vest on 5/19/2027, 1/3 vest on 5/19/2028 and 1/3 vest on 5/19/2029. All these options to purchase Common Stock are exerciseable except for 200 options that vest on 6/6/2027. All these options to purchase Common Stock are exerciseable except for 400 options that are subject to the following vesting schedule - 1/2 vest on 6/5/2027 and 1/2 vest on 6/5/2028. All these options to purchase Common Stock are exerciseable except for 584 that are subject to the following vesting schedule - 1/3 vest on 5/29/2027, 1/3 vest on 5/29/2028 and 1/3 vest on 5/29/2029. All these options to purchase Common Stock are exerciseable except for 770 options that are subject to the following vesting schedule - 1/4 vest on 5/30/2027, 1/4 vest on 5/30/2028, 1/4 vest on 5/30/2029 and 1/4 vest on 5/30/2030. These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 5/19/2027, 1/5 vest on 5/19/2028, 1/5 vest on 5/19/2029, 1/5 vest on 5/19/2030 and 1/5 vest on 5/19/2031.
Key Figures
Shares sold: 350 shares
Sale price: $631.795 per share
Shares held after sale: 1,378 shares
+4 more
7 metrics
Shares sold
350 shares
Open-market sale of Common Stock
Sale price
$631.795 per share
Price for 350-share sale
Shares held after sale
1,378 shares
Direct Common Stock holdings following transaction
Highest option exercise price
$565.2200
Option to purchase Common Stock expiring May 19, 2033
Lowest option exercise price
$137.4400
Option to purchase Common Stock expiring June 2, 2027
Restricted stock
925 shares
Restricted stock vesting between May 2027 and May 2029
Option underlying shares (example)
1,000 shares
Option with $206.1900 exercise price expiring June 5, 2030
Key Terms
restricted stock, options to purchase Common Stock, vesting schedule, exercise price
4 terms
restricted stock financial
"Consists of 925 shares of restricted stock, which vest according to the following schedule"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
options to purchase Common Stock financial
"All these options to purchase Common Stock are exerciseable except for 200 options that vest on 6/6/2027."
vesting schedule financial
"are subject to the following vesting schedule - 1/2 vest on 6/5/2027 and 1/2 vest on 6/5/2028."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
exercise price financial
"These options to purchase Common Stock are subject to the following vesting schedule"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.