Roper Technologies (NYSE: ROP) VP granted options and stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roper Technologies VP and Corporate Controller Brandon L. Cross reported equity-based compensation awards and related tax withholding. He received 3,626 employee stock options to buy common shares at $353.87 per share, vesting 50% on March 10, 2028 and 50% on March 10, 2029. He also acquired 972 and 230 shares of common stock as grants, while 110 shares were withheld to cover tax liabilities. Following these transactions, he directly holds 2,271 common shares, plus indirect holdings through a 401(k) plan and an IRA, along with the newly granted options.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Cross Brandon L
Role
VP and Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options (right to buy) | 3,626 | $0.00 | -- |
| Tax Withholding | Common Stock | 110 | $353.87 | $39K |
| Grant/Award | Common Stock | 230 | $0.00 | -- |
| Grant/Award | Common Stock | 972 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (right to buy) — 3,626 shares (Direct);
Common Stock — 1,069 shares (Direct);
Common Stock — 122 shares (Indirect, 401(k) Plan)
Footnotes (1)
- On March 12, 2024, the Compensation Committee of the Company's Board of Directors awarded the reporting person performance stock units under the Roper Technologies, Inc. 2021 Incentive Plan. This Form 4 is being filed in connection with the determination by the Compensation Committee that the performance criteria of the award have been achieved. Options vest 50% on 3/10/28 and 50% on 3/10/29.
FAQ
What insider transactions did Roper Technologies (ROP) report for Brandon L. Cross?
Brandon L. Cross reported equity awards and tax withholding. He received stock options and stock grants, and a portion of shares was withheld to pay taxes, reflecting routine compensation-related activity rather than open-market buying or selling.
How many stock options did Brandon L. Cross receive at Roper Technologies (ROP)?
Brandon L. Cross received 3,626 employee stock options. These options allow him to buy Roper Technologies common stock at an exercise price of $353.87 per share, subject to multi-year vesting conditions set by the company’s compensation program.
What common stock awards did Brandon L. Cross acquire in this ROP Form 4?
He acquired 972 and 230 shares of common stock as grants. These awards increased his direct share ownership and were part of his compensation, separate from the stock options granted on the same transaction date.
What are Brandon L. Cross’s direct and indirect holdings in Roper Technologies (ROP) after these transactions?
After these transactions, he directly holds 2,271 common shares. He also has additional indirect holdings through a 401(k) plan and an IRA, along with 3,626 newly granted stock options subject to future vesting dates.
How do the stock options for Brandon L. Cross at Roper Technologies (ROP) vest?
The options vest in two equal installments over time. According to the disclosure, 50% of the 3,626 options vest on March 10, 2028, and the remaining 50% vest on March 10, 2029, if service and award conditions are met.