RBC Bearings (RBC) VP uses shares to cover tax on vesting
Rhea-AI Filing Summary
RBC Bearings INC vice president and secretary John J. Feeney reported routine tax-withholding share dispositions related to equity compensation. On June 3, 2026, 95 shares of Common Stock were withheld at $578.34 per share, and on June 1, 2026, 36 shares were withheld at $571.96 per share. The filing labels both as code F, meaning payment of exercise price or tax liability by delivering securities, and a footnote states the shares were withheld by the company to pay tax on vesting of restricted stock, not sold in the open market.
After these entries, Feeney directly holds 2,603 shares of Common Stock, including restricted stock that vests over multiple future dates. He also holds several option awards to purchase Common Stock, with exercise prices ranging from $181.58 to $565.22 and expiration dates between 2028 and 2033. These positions indicate ongoing long-term equity exposure alongside the mechanistic tax-withholding transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 95 | $578.34 | $55K |
| Tax Withholding | Common Stock | 36 | $571.96 | $21K |
| 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 | -- | -- | -- |
Footnotes (1)
- Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock. Includes 1,480 shares of restricted stock, which vest according to the following schedule; 100 shares that vest on 6/3/2026; 400 shares 1/2 of which vest on 6/3/2026 and 1/2 vest on 6/3/2027; 200 shares 1/2 of which vest on 6/1/2027 and 1/2 vest on 6/1/2028; 300 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; 320 shares 1/4 of 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 160 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. Includes 1,180 shares of restricted stock, which vest according to the following schedule; 200 that vest on 6/3/2027; 200 shares 1/2 of which vest on 6/1/2027 and 1/2 vest on 6/1/2028; 300 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; 320 shares 1/4 of 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 160 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. All these options to purchase Common Stock are exerciseable except for 400 options that vest on 6/3/2027. 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 6/1/2027 and 1/2 vest on 6/1/2028. All these options to purchase Common Stock are exerciseable except for 600 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. These options to purchase Common Stock 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. 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.