Regal Rexnord (RRX) director gains stock units via dividend equivalents
Rhea-AI Filing Summary
REGAL REXNORD CORP director Curtis W. Stoelting reported an acquisition of 1.53 shares of common stock on July 14, 2026. These were credited as additional restricted stock units from a dividend equivalent reinvestment at $211.20 per share. Following this, he holds 1,221.631 shares directly and 26,455 shares indirectly through the Stoelting Family Trust dated February 15, 2023.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1.53 shares
Net Buy
2 txns
Insider
STOELTING CURTIS W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1.53 | $211.20 | $323.14 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,221.631 shares (Direct);
Common Stock — 26,455 shares (Indirect, By Trust)
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. Shares held in the Stoelting Family Trust dated February 15, 2023.
Key Figures
Shares acquired: 1.53 shares
Reference price per share: $211.20
Direct holdings after transaction: 1,221.631 shares
+1 more
4 metrics
Shares acquired
1.53 shares
Grant, award, or other acquisition on July 14, 2026 via dividend equivalent reinvestment
Reference price per share
$211.20
Price per share for the 1.53-share acquisition credited as restricted stock units
Direct holdings after transaction
1,221.631 shares
Total common stock held directly by Curtis W. Stoelting after the July 14, 2026 transaction
Indirect trust holdings
26,455 shares
Common stock held indirectly through the Stoelting Family Trust dated February 15, 2023
Key Terms
restricted stock units, dividend equivalent reinvestment provision, quarterly dividend payment, Stoelting Family Trust
4 terms
restricted stock units financial
"Represents additional restricted stock units credited to the reporting person under..."
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 provision financial
"under the dividend equivalent reinvestment provision of the reporting person's outstanding..."
quarterly dividend payment financial
"as a result of a quarterly dividend payment. The additional restricted stock units..."
Stoelting Family Trust other
"Shares held in the Stoelting Family Trust dated February 15, 2023."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Curtis W. Stoelting report for RRX?
Curtis W. Stoelting reported an acquisition of 1.53 shares of Regal Rexnord common stock. These were credited as additional restricted stock units through a dividend equivalent reinvestment tied to outstanding awards, not through an open-market purchase or sale.
What are Curtis W. Stoelting’s indirect holdings of RRX through a trust?
Curtis W. Stoelting is associated with 26,455 shares of Regal Rexnord common stock held indirectly through the Stoelting Family Trust dated February 15, 2023, as disclosed in the filing’s ownership and footnote information.
Do the additional RRX restricted stock units have the same vesting terms as prior awards?
Yes. The filing states the additional restricted stock units from dividend equivalent reinvestment are subject to the same terms and conditions, including vesting, as the outstanding restricted stock unit awards to which they relate.