RBC Bearings (RBC) director Amir Faghri receives new stock and option grants
Rhea-AI Filing Summary
RBC Bearings INC director Amir Faghri reported equity awards and updated holdings. He received 344 shares of Common Stock as a grant at a reported price of $0.00 per share, bringing his direct Common Stock holdings to 4,254 shares, which include 1,728 restricted shares that vest in tranches between June 2026 and May 2029.
He also received an award of 647 options to purchase Common Stock at an exercise price of $565.22 per share, vesting in five equal annual installments from May 19, 2027 through May 19, 2031. In addition, he continues to hold previously granted options covering 962, 974, 1,000, and 1,000 underlying shares at exercise prices between $199.09 and $365.87, with expirations from June 2029 to May 2032, many of which are exercisable subject to stated vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 647 | $0.00 | -- |
| Grant/Award | Common Stock | 344 | $0.00 | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
| holding | Option to Purchase Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 1,728 shares of restricted stock, which vest according to the following schedule; 400 shares that vest on 6/5/2026; 452 shares 1/2 of which vest on 5/29/2026 and 1/2 vest on 5/29/2027; 532 shares 1/3 of which vest on 5/30/2026, 1/3 vest on 5/30/2027 and 1/3 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. 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. All these options to purchase Common Stock are exerciseable except for 800 options that are subject to the following vesting schedule - 1/4 vest on 6/6/2024, 1/4 vest on 6/6/2025, 1/4 vest on 6/6/2026 and 1/4 vest on 6/6/2027. All these options to purchase Common Stock are exerciseable except for 600 shares that are subject to the following vesting schedule - 1/3 vest on 6/5/2026, 1/3 vest on 6/5/2027 and 1/3 vest on 6/5/2028. All these options to purchase Common Stock are exerciseable except for 779 that are subject to the following vesting schedule - 1/4 vest on 5/29/2026, 1/4 vest on 5/29/2027, 1/4 vest on 5/29/2028 and 1/4 vest on 5/29/2029. These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 5/30/2026, 1/5 vest on 5/30/2027, 1/5 vest on 5/30/2028, 1/5 vest on 5/30/2029 and 1/5 vest on 5/30/2030.