RRX (RRX) EVP Cheryl Lewis gets stock grant and withholds shares for tax
Rhea-AI Filing Summary
REGAL REXNORD CORP executive Cheryl Lewis reported equity compensation activity involving company stock. On February 23, 2026, she acquired 1,925 shares of common stock through a grant or award at a stated price of $0.00 per share, bringing her direct holdings to 15,143.984 shares.
On the same date, she disposed of 244 common shares at $218.21 per share to cover tax obligations by delivering shares, leaving 14,899.984 shares directly owned. Footnotes explain these are Restricted Stock Units that vest 34% after one year, 33% after two years, and 33% after three years, and separate Stock Appreciation Rights that vest 34%, 67%, and 100% over the first three anniversaries of the grant.
Positive
- None.
Negative
- None.
Insights
Routine equity awards and tax share withholding, neutral for shareholders.
The activity shows Cheryl Lewis, EVP and Chief HR Officer of REGAL REXNORD CORP, receiving an equity grant of 1,925 common shares while using 244 shares to satisfy tax obligations at $218.21 per share.
The filing also updates her holdings of Stock Appreciation Rights, which vest over three years according to footnotes. This pattern is typical of executive compensation programs and does not by itself indicate a strategic change or shift in sentiment.
The vesting schedule, with 34% on the first anniversary, 33% or 67% on the second, and full vesting by the third anniversary of the February 23, 2026 grant, spreads potential future share delivery over several years.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,925 | $0.00 | -- |
| Tax Withholding | Common Stock | 244 | $218.21 | $53K |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
Footnotes (1)
- Restricted Stock Units ("RSUs") granted to the reporting person. The RSUs vest 34% on the first anniversary, 33% on the second anniversary and 33% on the third anniversary of the date of the grant. 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.