RBC Bearings Inc (RBC) COO receives 5,819-share grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RBC Bearings Inc director and Vice President/COO Daniel A. Bergeron reported compensation-related equity changes. He received a grant of 5,819 shares of Common Stock, increasing his direct holdings to 118,157 shares, including 16,535 shares of restricted stock that vest in stages between June 2026 and May 2029.
The company also withheld 921 shares at an indicated value of $565.22 per share to cover tax liabilities tied to the immediate vesting of performance awards. Bergeron additionally holds options linked to 7,000 underlying shares of Common Stock at an exercise price of $199.16 per share, expiring on June 3, 2028, with these options vesting on June 3, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
BERGERON DANIEL A
Role
Vice President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,819 | $0.00 | -- |
| Tax Withholding | Common Stock | 921 | $565.22 | $521K |
| holding | Option to Purchase Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 118,157 shares (Direct, null);
Option to Purchase Common Stock — 7,000 shares (Direct, null)
Footnotes (1)
- Includes 16,535 shares of restricted stock, which vest according to the following schedule; 3,516 shares that vest on 6/1/2026; 4,491 shares 1/2 of which vest on 5/23/2026 and 1/2 vest on 5/23/2027; 4,791 shares 1/3 of which vest on 5/28/2026, 1/3 vest on 5/28/2027 and 1/3 vest on 5/28/2028; and 3,737 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. Represents shares withheld by the Company to pay tax liability related to the immediate vesting of performance awards. All these options to purchase Common Stock are exerciseable except for 7,000 options that vest on 6/3/2026.
Key Figures
Stock grant: 5,819 shares
Tax withholding shares: 921 shares
Tax withholding price: $565.22 per share
+4 more
7 metrics
Stock grant
5,819 shares
Common Stock awarded to Daniel A. Bergeron
Tax withholding shares
921 shares
Shares withheld to pay tax liability on performance awards
Tax withholding price
$565.22 per share
Value applied to 921 withheld shares
Post-transaction holdings
118,157 shares
Common Stock directly held after transactions
Restricted stock included
16,535 shares
Restricted shares vesting between June 2026 and May 2029
Option exercise price
$199.16 per share
Options on 7,000 underlying shares expiring June 3, 2028
Option underlying shares
7,000 shares
Common Stock underlying options vesting June 3, 2026
Key Terms
restricted stock, performance awards, Option to Purchase Common Stock, vest, +1 more
5 terms
restricted stock financial
"Includes 16,535 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.
performance awards financial
"to pay tax liability related to the immediate vesting of performance awards"
Option to Purchase Common Stock financial
"All these options to purchase Common Stock are exerciseable except for 7,000 options"
vest financial
"shares that vest on 6/1/2026; 4,491 shares 1/2 of which vest on 5/23/2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
tax liability financial
"Represents shares withheld by the Company to pay tax liability related to the immediate vesting"
FAQ
What did RBC (RBC) executive Daniel A. Bergeron report in this Form 4?
Daniel A. Bergeron reported equity compensation activity, including a grant of 5,819 RBC Bearings Common Stock shares and tax withholding of 921 shares. These changes updated his direct holdings and reflected routine compensation and tax-settlement mechanics tied to performance awards.
What is the size and nature of the stock grant to Daniel A. Bergeron at RBC (RBC)?
Bergeron received a grant of 5,819 shares of RBC Bearings Common Stock at a stated price of $0.00 per share. This reflects a non-cash equity award, typical of executive compensation, which increases his direct ownership stake without an open-market purchase transaction.
What option holdings for RBC (RBC) stock does Daniel A. Bergeron report?
Bergeron reports options tied to 7,000 underlying RBC Bearings Common Stock shares with a $199.16 exercise price, expiring June 3, 2028. Footnotes state these options vest on June 3, 2026, indicating future potential to convert them into shares if exercised after vesting.
How do restricted stock awards factor into Daniel A. Bergeron’s RBC (RBC) holdings?
His holdings include 16,535 restricted RBC Bearings shares that vest in tranches on several dates from 2026 to 2029. These vesting schedules mean portions of the award become fully owned over time, aligning long-term compensation with continued service and company performance milestones.