Regal Rexnord (NYSE: RRX) EVP receives dividend-based stock units
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Dubovoy Hugo Jr.
Role
EVP, General Counsel & Sec.*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9.56 | $209.35 | $2K |
| holding | Stock Appreciation Rights | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,861.751 shares (Direct);
Stock Appreciation Rights — 2,653 shares (Direct)
Footnotes (1)
- 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. 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
Restricted stock units granted: 9.56 units
Reference share value: $209.35 per share
Common shares held: 8,861.751 shares
+3 more
6 metrics
Restricted stock units granted
9.56 units
Dividend equivalent reinvestment on 2026-04-14
Reference share value
$209.35 per share
Value used for new restricted stock units
Common shares held
8,861.751 shares
Direct ownership after transaction
Underlying SAR shares
2,653 shares
Underlying common stock for stock appreciation rights
SAR exercise price
$176.01 per share
Exercise price for stock appreciation rights
SAR expiration date
2034-04-01
Expiration of stock appreciation rights
Key Terms
restricted stock units, dividend equivalent reinvestment, Stock Appreciation Rights, vesting
4 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 financial
"under the dividend equivalent reinvestment provision of the reporting person's outstanding restricted stock unit awards"
Stock Appreciation Rights financial
"The Stock Appreciation Rights vest and become exercisable 34% on the first anniversary"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
vesting financial
"subject to the same terms and conditions, including vesting, as the outstanding restricted stock unit awards"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did RRX executive Hugo Dubovoy report?
Hugo Dubovoy reported receiving 9.56 restricted stock units in REGAL REXNORD CORP. These units came from dividend equivalent reinvestment linked to his existing awards and carry the same vesting conditions as the original restricted stock unit grants.
What are the key terms of Hugo Dubovoy’s stock appreciation rights at RRX?
Dubovoy’s stock appreciation rights relate to 2,653 underlying REGAL REXNORD common shares at a $176.01 exercise price. They vest 34% after one year, 67% after two years, and 100% after three years, and expire on April 1, 2034.
How was the value of the new restricted stock units for RRX’s Dubovoy determined?
The 9.56 new restricted stock units were credited using a $209.35 per-share value. They were issued under a dividend equivalent reinvestment provision, which converts cash dividends on existing restricted stock units into additional units with matching vesting terms.
Do the new restricted stock units for RRX’s Dubovoy have separate vesting terms?
The new restricted stock units follow the same vesting schedule as the awards they stem from. The filing states they result from dividend equivalent reinvestment and are subject to the same terms and conditions, including vesting, as the original restricted stock unit awards.