Regal Rexnord (RRX) CAO granted RSUs, disposes shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Regal Rexnord senior vice president and chief accounting officer Alexander P. Scarpelli reported routine equity compensation activity. He received a grant of 642 Restricted Stock Units that vest 34%, 33%, and 33% on the first three anniversaries of the grant date. To cover tax obligations, 81 shares at $218.20 and 94 shares at $223.69 were withheld and disposed of. After these transactions, he directly holds 3,760.401 shares of common stock, plus Stock Appreciation Rights awards that vest over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Scarpelli Alexander P
Role
SVP, Corp. Controller and CAO*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 94 | $223.69 | $21K |
| Grant/Award | Common Stock | 642 | $0.00 | -- |
| Tax Withholding | Common Stock | 81 | $218.20 | $18K |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,760.401 shares (Direct);
Stock Appreciation Rights — 1,015 shares (Direct)
Footnotes (1)
- Restricted Stock Units ("RSUs") granted to the reporting person. The RSUs vest 34% on the first anniversary, 33% on the second anniversary and 33% on the third anniversary of the date of the grant. The Stock Appreciation Rights vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.
FAQ
What insider transactions did RRX executive Alexander Scarpelli report?
Alexander Scarpelli reported a grant of 642 Restricted Stock Units and two tax-withholding share dispositions. The dispositions covered 81 shares at $218.20 and 94 shares at $223.69, reflecting routine equity compensation and associated tax payments rather than open-market buying or selling.
What equity award did RRX grant to Alexander Scarpelli in this Form 4?
Regal Rexnord granted Alexander Scarpelli 642 Restricted Stock Units. According to the footnotes, these RSUs vest 34% on the first anniversary, 33% on the second anniversary, and 33% on the third anniversary of the grant date, creating a three-year vesting schedule.
What Stock Appreciation Rights holdings does Alexander Scarpelli report at RRX?
The filing shows Stock Appreciation Rights with reported post-transaction balances of 1,015 and 1,193 units. Footnotes state these rights vest 34% after one year, 67% after two years, and 100% after three years from the respective grant dates, aligning with multi-year incentives.
How do the RSUs for RRX executive Alexander Scarpelli vest over time?
The 642 Restricted Stock Units granted to Alexander Scarpelli vest in three tranches. They vest 34% on the first anniversary, 33% on the second anniversary, and 33% on the third anniversary of the grant date, encouraging longer-term retention and performance.