Regal Rexnord (RRX) EVP Kevin Long awarded dividend-based restricted stock units
Rhea-AI Filing Summary
Kevin Long, EVP and President, AMC at Regal Rexnord Corp, received a compensation-related award of 12.412 shares of Common Stock on July 14, 2026, at a reference value of $211.20 per share. A footnote explains these are additional restricted stock units credited under a dividend equivalent reinvestment provision linked to his existing RSU awards. The additional units carry the same vesting terms as the underlying awards. After this non-market acquisition, Long directly holds 7,502.486 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12.412 shares
Net Buy
1 txn
Insider
Long Kevin
Role
EVP and President, AMC*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 12.412 | $211.20 | $3K |
Holdings After Transaction:
Common Stock — 7,502.486 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: 12.412 shares
Reference price per share: $211.20
Post-transaction holdings: 7,502.486 shares
3 metrics
RSUs credited
12.412 shares
Additional restricted stock units credited to Kevin Long on July 14, 2026
Reference price per share
$211.20
Reference value for the 12.412 additional units credited
Post-transaction holdings
7,502.486 shares
Kevin Long’s direct Common Stock holdings after the award
Key Terms
restricted stock units, dividend equivalent reinvestment, quarterly dividend payment
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 financial
"under the dividend equivalent reinvestment provision of the reporting person"
quarterly dividend payment financial
"as a result of a quarterly dividend payment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Regal Rexnord (RRX) report for Kevin Long?
Regal Rexnord reported that EVP and President, AMC Kevin Long acquired 12.412 shares of Common Stock as additional restricted stock units. These units arose from a dividend equivalent reinvestment tied to his existing RSU awards, rather than from an open-market purchase.
Was Kevin Long’s Regal Rexnord (RRX) transaction an open-market buy or a grant?
The transaction for Kevin Long was a grant/award acquisition, not an open-market purchase. The 12.412 shares represent restricted stock units credited automatically under a dividend equivalent reinvestment provision associated with his existing RSU awards, sharing their vesting conditions.
What does the dividend equivalent reinvestment provision mean for Regal Rexnord (RRX) RSUs?
The dividend equivalent reinvestment provision credits additional restricted stock units when Regal Rexnord pays a quarterly dividend. For Kevin Long, this feature produced 12.412 new RSUs, which are subject to the same vesting terms as the underlying RSU awards that generated the dividend equivalents.