RBC CEO reports stock grant and tax share withholding
RBC Bearings Inc. President and CEO Michael J. Hartnett reported routine equity-compensation activity.
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Rhea-AI Filing Summary
RBC Bearings Inc. President and CEO Michael J. Hartnett reported routine equity-compensation activity. He received 22,140 shares of Common Stock as a grant or award at $0.0000 per share, increasing his direct holdings to 324,993 shares.
On the same date, 10,260 shares of Common Stock were disposed of under code F at $565.22 per share, representing shares withheld by the company to cover tax liabilities related to the immediate vesting of performance awards. His direct holdings include 22,000 shares of restricted stock that vest between 2026-05-23 and 2027-05-23. He also holds options to purchase 15,200 shares of Common Stock at an exercise price of $199.16 per share, expiring on 2028-06-03, which vest on 2026-06-03.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,140 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,260 | $565.22 | $5.80M |
| holding | Option to Purchase Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Includes 22,000 shares of restricted stock, which vest according to the following schedule; 10,555 shares that vest on 6/1/2026; and 11,445 shares 1/2 of which vest on 5/23/2026 and 1/2 vest on 5/23/2027.
- F2. Represents shares withheld by the Company to pay tax liability related to the immediate vesting of performance awards.
- F3. These options to purchase Common Stock vest on 6/3/2026.
Key Figures
Key Terms
restricted stock financial
performance awards financial
tax-withholding disposition financial
Option to Purchase Common Stock financial
grant, award, or other acquisition financial
FAQ
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