Regal Rexnord Corp (RRX) director receives additional dividend-based stock units
Rhea-AI Filing Summary
SACHDEV RAKESH reported acquisition or exercise transactions in this Form 4 filing.
Regal Rexnord Corp director Rakesh Sachdev was credited 1.53 additional restricted stock units tied to common stock at a reference value of $211.20 per share. These units arose from a quarterly dividend’s dividend-equivalent reinvestment and carry the same vesting terms as his existing awards, bringing his direct holdings to 28,264.631 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1.53 shares
Net Buy
1 txn
Insider
SACHDEV RAKESH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1.53 | $211.20 | $323.14 |
Holdings After Transaction:
Common Stock — 28,264.631 shares (Direct)
Footnotes (1)
- F1. Represents additional restricted stock units credited to the reporting person under the dividend equivalent reinvestment provision of the reporting person's outstanding restricted stock unit awards as a result of a quarterly dividend payment. The additional restricted stock units resulting from the dividend equivalent reinvestment are subject to the same terms and conditions, including vesting, as the outstanding restricted stock unit awards to which they are attributable.
Key Figures
RSUs credited: 1.53 units
Reference price per share: $211.20
Shares held after transaction: 28,264.631 shares
3 metrics
RSUs credited
1.53 units
Additional restricted stock units from dividend-equivalent reinvestment on 2026-07-14
Reference price per share
$211.20
Transaction price per share for the 1.53 credited units
Shares held after transaction
28,264.631 shares
Total direct holdings of Rakesh Sachdev following the RSU credit
Key Terms
restricted stock units, dividend equivalent reinvestment provision, quarterly dividend
3 terms
restricted stock units financial
"Represents additional restricted stock units credited to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent reinvestment provision financial
"under the dividend equivalent reinvestment provision of the reporting person's"
quarterly dividend financial
"as a result of a quarterly dividend payment"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Regal Rexnord (RRX) report for Rakesh Sachdev?
Regal Rexnord reported that director Rakesh Sachdev was credited 1.53 additional restricted stock units linked to common stock. These units came from a quarterly dividend’s dividend-equivalent reinvestment and follow the same vesting conditions as his existing restricted stock unit awards.
What was the reference price for the new restricted stock units in the Regal Rexnord (RRX) Form 4?
The additional restricted stock units credited to Rakesh Sachdev used a reference value of $211.20 per share. This price is reported as the transaction price per share for the 1.53 units created via the dividend-equivalent reinvestment mechanism tied to a quarterly dividend.
What is the nature of the equity awarded to Rakesh Sachdev at Regal Rexnord (RRX)?
The equity consists of restricted stock units (RSUs) credited through a dividend equivalent reinvestment provision. The 1.53 additional RSUs are attributable to a quarterly dividend and remain subject to the same vesting terms as the original RSU awards.
Was Rakesh Sachdev’s Regal Rexnord (RRX) transaction a market purchase or sale?
It was not a market purchase or sale. The Form 4 shows a code A transaction, described as a grant/award acquisition of 1.53 restricted stock units credited via dividend-equivalent reinvestment, rather than an open-market buy or sell order.