Rockwell Automation (ROK) VP exercises options and sells 1,054 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rockwell Automation VP and Chief IP Counsel John M. Miller reported option exercises and share sales. On May 20, 2026, he exercised employee stock options for 700 shares of common stock at $136.40 per share and sold a total of 1,054 shares at $426.02 per share in open-market transactions.
The footnotes state these transactions were carried out under a pre-arranged Rule 10b5-1 trading plan entered into on February 17, 2026. After these trades, Miller holds 5,968.8061 shares of common stock directly and 479.1027 shares indirectly through the company savings plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,054 shares ($449,025)
Net Sell
5 txns
Insider
MILLER JOHN M
Role
VP and Chief IP Counsel
Sold
1,054 shs ($449K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 700 | $0.00 | -- |
| Exercise | Common Stock | 700 | $136.40 | $95K |
| Sale | Common Stock | 700 | $426.02 | $298K |
| Sale | Common Stock | 354 | $426.02 | $151K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 6,668.806 shares (Direct, null);
Common Stock — 479.103 shares (Indirect, By Savings Plan)
Footnotes (1)
- Shares exercised and sold pursuant to Rule 10b5-1 plan entered into on 2/17/2026. Sale of shares pursuant to Rule 10b5-1 plan entered into on 2/17/2026. Includes shares represented by Company stock fund units acquired under the Company Savings Plan since the date last reported for this person based on information furnished by the Plan Administrator as of 3/31/2026. The number of stock fund units represented by the balance of the participant's Company stock fund account may not exactly equal the number of stock fund units represented by a prior balance due to variance in the proportion of uninvested cash held in the reference fund used to determine unit values of the Company stock fund under the Plan. The options vest in three substantially equal annual installments beginning on date exercisable.
Key Figures
Shares sold: 1,054 shares
Sale price: $426.02 per share
Options exercised: 700 shares
+4 more
7 metrics
Shares sold
1,054 shares
Common stock sales on May 20, 2026
Sale price
$426.02 per share
Open-market or private sale price
Options exercised
700 shares
Employee stock option exercise on May 20, 2026
Option exercise price
$136.40 per share
Employee stock option (right to buy) strike price
Direct holdings after transaction
5,968.8061 shares
Common stock directly owned after reported trades
Indirect holdings after transaction
479.1027 shares
Company stock fund units in savings plan as of March 31, 2026
Net buy/sell direction
Net sell of 1,054 shares
Aggregate of reported open-market sales versus exercises
Key Terms
Rule 10b5-1 plan, Employee Stock Option (Right to Buy, Company Savings Plan, stock fund units, +1 more
5 terms
Rule 10b5-1 plan regulatory
"Shares exercised and sold pursuant to Rule 10b5-1 plan entered into on 2/17/2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Employee Stock Option (Right to Buy financial
"Employee Stock Option (Right to Buy) with 700 underlying common shares at $136.40."
Company Savings Plan financial
"Includes shares represented by Company stock fund units acquired under the Company Savings Plan."
stock fund units financial
"The number of stock fund units represented by the balance of the participant's Company stock fund account may not exactly equal the number of stock fund units represented by a prior balance."
vest financial
"The options vest in three substantially equal annual installments beginning on date exercisable."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did Rockwell Automation (ROK) report for John M. Miller?
John M. Miller exercised employee stock options for 700 shares and sold 1,054 Rockwell Automation common shares at $426.02 each. These trades occurred on May 20, 2026 and were executed under a pre-arranged Rule 10b5-1 trading plan.
Were John M. Miller’s Rockwell Automation (ROK) trades made under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the option exercise and subsequent sales were executed under a Rule 10b5-1 trading plan entered into on February 17, 2026. Such pre-arranged plans are designed to systematize trading and reduce timing concerns.
What type of derivative security did John M. Miller exercise at Rockwell Automation (ROK)?
Miller exercised an employee stock option for 700 underlying Rockwell Automation common shares at a $136.40 exercise price. The option vested in three substantially equal annual installments and, after exercise, showed a remaining balance of zero in this filing.