Director at Regal Rexnord (RRX) receives 923-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SACHDEV RAKESH reported acquisition or exercise transactions in this Form 4 filing.
REGAL REXNORD CORP director Rakesh Sachdev received an equity award of 923 shares of common stock in the form of restricted stock units granted at no cash cost to him.
The award was made under the company’s 2023 Omnibus Incentive Plan and the restricted stock units vest on May 11, 2027. Following this grant, Sachdev directly holds a total of 28,263.101 shares of Regal Rexnord common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SACHDEV RAKESH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 923 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,263.101 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 923 shares
Grant price per share: $0.0000 per share
Total shares after grant: 28,263.101 shares
+1 more
4 metrics
RSU grant size
923 shares
Restricted stock units granted on May 11, 2026
Grant price per share
$0.0000 per share
Equity award granted at no cash cost to director
Total shares after grant
28,263.101 shares
Director’s direct common stock holdings following the transaction
Vesting date
May 11, 2027
Vesting date for granted restricted stock units
Key Terms
Restricted stock units, 2023 Omnibus Incentive Plan, vest
3 terms
Restricted stock units financial
"Restricted stock units granted to the reporting person under the 2023 Omnibus Incentive Plan."
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.
2023 Omnibus Incentive Plan financial
"Restricted stock units granted to the reporting person under the 2023 Omnibus Incentive Plan."
vest financial
"The restricted stock units vest on 5/11/2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Regal Rexnord (RRX) director Rakesh Sachdev report on this Form 4?
Director Rakesh Sachdev reported receiving 923 restricted stock units of Regal Rexnord common stock as an equity award. The grant was recorded at no cash cost and increases his direct holdings to 28,263.101 shares after the transaction.
When do the newly granted Regal Rexnord (RRX) restricted stock units vest?
The 923 restricted stock units granted to the director vest on May 11, 2027. Vesting means the units will become earned on that date, subject to the award’s terms, and can then convert into Regal Rexnord common shares for the reporting person.