RBC Bearings director exercises options, sells 600 shares
RBC Bearings director Dolores J. Ennico reported a mix of stock option exercises and share sales in Common Stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
RBC Bearings director Dolores J. Ennico reported a mix of stock option exercises and share sales in Common Stock. She exercised options to acquire 600 shares at exercise prices of 199.1600 and 127.3300 per share, then sold 600 shares at 636.1144 per share in an open‑market transaction.
After these transactions, she directly held 7,254 Common Stock shares. Footnotes show she also holds multiple option grants with exercise prices ranging from 199.0900 to 565.2200 per share that vest over several years, indicating a continuing equity-based compensation position.
Insider Trade Summary
Exercise and Sale: 600 shares ($277K approx. pre-tax spread)
Exercise and Sale
10 txns
Insider
Ennico Dolores J
Role
Director
Sold
600 shs ($382K)
Approx. gross sale proceeds
$382K
Approx. exercise cost
$105K
Approx. pre-tax spread
$277K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock | 200 | $0.00 | $0.00 |
| Exercise | Option to Purchase Common Stock | 400 | $0.00 | $0.00 |
| Exercise | Common Stock | 200 | $127.33 | $25K |
| Exercise | Common Stock | 400 | $199.16 | $80K |
| Sale | Common Stock | 600 | $636.1144 | $382K |
| 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:
Option to Purchase Common Stock — 3,983 contracts (Direct);
Common Stock — 7,254 shares (Direct)
Footnotes (6)
- F1. Consists of 925 shares of restricted stock, which vest according to the following schedule; 226 shares that vest on 5/29/2027; 355 shares 1/2 of which vest on 5/30/2027 and 1/2 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.
- F2. All these options to purchase Common Stock are exerciseable except for 200 options that vest on 6/5/2027.
- F3. 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 6/6/2027 and 1/2 vest on 6/5/2028.
- F4. All these options to purchase Common Stock are exerciseable except for 584 that are subject to the following vesting schedule - 1/3 vest on 5/29/2027, 1/3 vest on 5/29/2028 and 1/3 vest on 5/29/2029.
- F5. All these options to purchase Common Stock are exerciseable except for 770 options that are subject to the following vesting schedule - 1/4 vest on 5/30/2027, 1/4 vest on 5/30/2028, 1/4 vest on 5/30/2029 and 1/4 vest on 5/30/2030.
- F6. 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
Shares sold: 600 shares
Options exercised (199.1600): 400 shares
Options exercised (127.3300): 200 shares
+5 more
8 metrics
Shares sold
600 shares
Common Stock open-market sale at 636.1144 per share
Options exercised (199.1600)
400 shares
Exercise of options with 199.1600 exercise price
Options exercised (127.3300)
200 shares
Exercise of options with 127.3300 exercise price
Shares held after
7,254 shares
Direct Common Stock ownership after transactions
Remaining option strike
565.2200
Exercise price for options expiring 2033-05-19
Remaining option strike
365.8700
Exercise price for options expiring 2032-05-30
Remaining option strike
287.3700
Exercise price for options expiring 2031-05-29
Restricted stock
925 shares
Restricted stock vesting in tranches between 2027 and 2029
Key Terms
Option to Purchase Common Stock, open-market sale, derivative exercise/conversion, restricted stock, +1 more
5 terms
Option to Purchase Common Stock financial
"security_title: "Option to Purchase Common Stock" for multiple transactions"
open-market sale financial
"transaction_action: "open-market sale" for 600 Common Stock shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for M-code entries"
restricted stock financial
"Consists of 925 shares of restricted stock, which vest according to the following schedule"
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.
vesting schedule financial
"options are subject to the following vesting schedule - 1/5 vest on 5/19/2027..."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RBC (RBC) director Dolores J. Ennico report?
Dolores J. Ennico reported exercising stock options for 600 RBC shares and selling 600 Common Stock shares. The sale was coded as an open‑market transaction, meaning the shares were sold at prevailing market prices rather than transferred privately or as compensation.
What stock options does Dolores J. Ennico still hold in RBC (RBC)?
She retains several "Option to Purchase Common Stock" positions with exercise prices of 199.0900, 206.1900, 287.3700, 365.8700, and 565.2200. These options cover underlying Common Stock shares with expiration dates from 2029 through 2033 and various vesting schedules.
Are the RBC (RBC) director’s remaining options fully vested?
Not all remaining options are fully vested. Footnotes explain that portions of the grants vest in tranches between 2027 and 2031, including schedules where fractions of options vest each year, so some options are currently non‑exerciseable and will become exercisable over time.
Does this RBC (RBC) Form 4 show only stock sales by the director?
No. The Form 4 shows both an open‑market sale of 600 shares and option exercises for 600 shares. It also lists multiple option holdings and restricted stock positions that continue after the transactions, providing a broader picture of her equity‑based compensation exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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