Regal Rexnord EVP credited new stock units
REGAL REXNORD CORP executive Hugo Dubovoy Jr., EVP, General Counsel & Secretary, was credited with 9.56 restricted stock units of common stock on the basis of a $209.35 per-share value.
Rhea-AI Filing Summary
REGAL REXNORD CORP executive Hugo Dubovoy Jr., EVP, General Counsel & Secretary, was credited with 9.56 restricted stock units of common stock on the basis of a $209.35 per-share value. These additional units arose from a dividend equivalent reinvestment tied to his existing restricted stock unit awards and follow the same vesting terms.
After this credit, Dubovoy directly holds 8,861.751 shares of common stock. He also holds stock appreciation rights over 2,653 underlying common shares with a $176.01 exercise price, vesting in stages (34%, 67%, then 100%) and expiring in 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9.56 | $209.35 | $2K |
| holding | Stock Appreciation Rights | -- | -- | -- |
Footnotes (2)
- 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.
- F2. 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.
Key Figures
Key Terms
restricted stock units financial
dividend equivalent reinvestment financial
Stock Appreciation Rights financial
vesting financial
FAQ
What insider transaction did RRX executive Hugo Dubovoy report?
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How was the value of the new restricted stock units for RRX’s Dubovoy determined?
Do the new restricted stock units for RRX’s Dubovoy have separate vesting terms?
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