RBC Bearings CFO reports tax share withholding
RBC Bearings Inc. Vice President and CFO Robert M. Sullivan reported routine share dispositions related to taxes rather than open-market trading.
Rhea-AI Filing Summary
RBC Bearings Inc. Vice President and CFO Robert M. Sullivan reported routine share dispositions related to taxes rather than open-market trading. The company withheld a total of 469 shares of common stock on June 1, 2026 and June 3, 2026 at prices of $571.96 and $578.34 per share to cover tax liabilities from restricted stock vesting. After these tax-withholding dispositions, Sullivan directly holds 12,775 shares of common stock. He also retains multiple outstanding options to purchase common stock with exercise prices ranging from $137.44 to $565.22 per share and expirations between 2027 and 2033, providing additional potential equity exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 469 shares
Exercise Price or Tax Liability
10 txns
Insider
Sullivan Robert M
Role
Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 272 | $578.34 | $157K |
| Exercise Price or Tax Liability | Common Stock | 197 | $571.96 | $113K |
| 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 | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,775 shares (Direct);
Option to Purchase Common Stock — 25,506 contracts (Direct)
Footnotes (9)
- F1. Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
- F2. Includes 6,433 shares of restricted stock, which vest according to the following schedule - 200 shares that vest on 6/3/2026; 800 shares 1/2 of which vest on 6/3/2026 and 1/2 vest on 6/3/2027; 1,200 shares 1/2 of which vest on 6/1/2027 and 1/2 vest on 6/1/2028; 600 shares 1/3 of which vest on 5/23/2027, 1/3 vest on 5/23/2028 and 1/3 vest on 5/23/2029; 960 shares 1/4 of which vest on 11/5/2026, 1/4 vest on 11/5/2027, 1/4 vest on 11/5/2028 and 1/4 vest on 11/5/2029; 1,440 shares 1/4 or which vest on 5/28/2027, 1/4 vest on 5/28/2028, 1/4 vest on 5/28/2029 and 1/4 vest on 5/28/2030; and 1,233 shares 1/5 or which 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.
- F3. Includes 5,833 shares of restricted stock, which vest according to the following schedule - 400 shares that vest on 6/3/2027; 1,200 shares 1/2 of which vest on 6/1/2027 and 1/2 vest on 6/1/2028; 600 shares 1/3 of which vest on 5/23/2027, 1/3 vest on 5/23/2028 and 1/3 vest on 5/23/2029; 960 shares 1/4 of which vest on 11/5/2026, 1/4 vest on 11/5/2027, 1/4 vest on 11/5/2028 and 1/4 vest on 11/5/2029; 1,440 shares 1/4 or which vest on 5/28/2027, 1/4 vest on 5/28/2028, 1/4 vest on 5/28/2029 and 1/4 vest on 5/28/2030; and 1,233 shares 1/5 or which 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.
- F4. All these options to purchase Common Stock are exerciseable except for 800 options that vest on 6/3/2027.
- F5. All these options to purchase Common Stock are exerciseable except for 2,000 options that are subject to the following vesting schedule - 1/2 vest on 6/1/2027 and 1/2 vest on 6/1/2028.
- F6. All these options to purchase Common Stock are exerciseable except for 1,200 options that are subject to the following vesting schedule - 1/3 vest on 5/23/2027, 1/3 vest on 5/23/2028 and 1/3 vest on 5/23/2029.
- F7. All these options to purchase Common Stock are exerciseable except for 1,200 options that vest according to the following schedule: 1/4 vest on 11/5/2026; 1/4 vest on 11/5/2027; 1/4 vest on 11/5/2028 and 1/4 vest on 11/5/2029.
- F8. All these options to purchase Common Stock are exerciseable except 2,800 options that are subject to the following vesting schedule - 1/4 vest on 5/28/2027, 1/4 vest on 5/28/2028, 1/4 vest on 5/28/2029 and 1/4 vest on 5/28/2030.
- F9. 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
Tax-withheld shares: 469 shares
Withholding on June 3, 2026: 272 shares at $578.34/share
Withholding on June 1, 2026: 197 shares at $571.96/share
+4 more
7 metrics
Tax-withheld shares
469 shares
Common stock withheld to cover tax liabilities from vesting
Withholding on June 3, 2026
272 shares at $578.34/share
Common stock tax-withholding disposition
Withholding on June 1, 2026
197 shares at $571.96/share
Common stock tax-withholding disposition
Shares held after transactions
12,775 shares
CFO’s direct common stock ownership following tax withholding
Highest option exercise price
$565.22/share
Option to purchase common stock expiring May 19, 2033
Lowest option exercise price
$137.44/share
Option to purchase common stock expiring June 2, 2027
Largest single option block
5,000 underlying shares
Option at $199.51/share expiring June 1, 2030
Key Terms
tax-withholding disposition, restricted stock, Option to Purchase Common Stock, vesting schedule, +1 more
5 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock"
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.
Option to Purchase Common Stock financial
"All these options to purchase Common Stock are exerciseable except for 800 options that vest on 6/3/2027"
vesting schedule financial
"These options to purchase Common Stock are subject to the following vesting schedule"
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
"conversion_or_exercise_price: "565.2200""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RBC (RBC) disclose for CFO Robert M. Sullivan?
RBC Bearings disclosed that CFO Robert M. Sullivan had 469 shares of common stock withheld to cover tax liabilities from restricted stock vesting. These were coded as tax-withholding dispositions, not open-market sales, and reflect routine compensation-related activity rather than discretionary trading.
Were the RBC (RBC) insider transactions open-market buys or sells?
The transactions reported were tax-withholding dispositions, not open-market buys or sells. Shares were withheld by RBC Bearings to pay exercise price or tax liabilities related to restricted stock vesting, meaning there was no discretionary purchase or sale by the CFO in the market.
What option awards does the RBC (RBC) CFO still hold after this filing?
The filing shows Robert M. Sullivan holds several options to purchase RBC Bearings common stock, with exercise prices from $137.44 to $565.22 and expirations between 2027 and 2033. These options cover blocks such as 2,506, 3,500 and 5,000 underlying shares, indicating substantial remaining equity incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
