RBC Bearings (RBC) COO has shares withheld to cover tax on vesting awards
Rhea-AI Filing Summary
RBC Bearings INC director and executive Daniel A. Bergeron reported routine share dispositions related to tax withholding, not open-market trading. On May 28, 2026, the company withheld 741 shares of Common Stock at $577.42 per share to cover tax liabilities on vesting restricted stock. On May 23, 2026, it similarly withheld 1,041 shares at $559.95 per share.
After these transactions, Bergeron directly owned 115,454 shares of Common Stock. He also held options to purchase Common Stock with a $199.16 exercise price covering 7,000 underlying shares, expiring on June 3, 2028, and footnotes indicate additional restricted stock scheduled to vest over several future dates.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on equity awards; no open-market trades.
The Form 4 shows RBC Bearings INC executive Daniel A. Bergeron had 1,782 shares of Common Stock withheld by the company to satisfy tax obligations tied to restricted stock vesting. Code F transactions like these are mechanical and do not represent discretionary buying or selling.
Following the withholdings, Bergeron still directly held 115,454 shares, plus options with a $199.16 exercise price over 7,000 shares expiring in 2028. Footnotes also describe sizable restricted stock that will vest on specified future dates, underscoring a continuing equity stake aligned with the company’s performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 741 | $577.42 | $428K |
| Tax Withholding | Common Stock | 1,041 | $559.95 | $583K |
| holding | Option to Purchase Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock. Includes 14,289 shares of restricted stock, which vest according to the following schedule; 3,516 shares that vest on 6/1/2026; 2,245 shares that 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. Includes 12,692 shares of restricted stock, which vest according to the following schedule; 3,516 shares that vest on 6/1/2026; 2,245 shares that vest on 5/23/2027; 3,194 shares 1/2 of which vest on 5/28/2027 and 1/2 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. All these options to purchase Common Stock are exerciseable except for 7,000 options that vest on 6/3/2026.