Regal Rexnord SVP granted additional stock units
REGAL REXNORD CORP senior vice president Alexander P. Scarpelli reported a small equity award tied to dividends.
Rhea-AI Filing Summary
REGAL REXNORD CORP senior vice president Alexander P. Scarpelli reported a small equity award tied to dividends. He acquired 2.537 additional restricted stock units valued at $209.35 per share through a dividend equivalent reinvestment feature on existing awards, bringing his direct common stock holdings to 3,472.938 shares.
He also reports outstanding stock appreciation rights linked to 1,015 underlying shares at a $154.20 exercise price expiring on February 23, 2033, and 1,193 underlying shares at a $168.47 exercise price expiring on February 23, 2034. These rights vest 34% after one year, 67% after two years, and fully after three years from grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.537 | $209.35 | $531.12 |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
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. 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
Key Terms
restricted stock units financial
dividend equivalent reinvestment financial
Stock Appreciation Rights financial
vesting financial
FAQ
What did Regal Rexnord (RRX) executive Alexander Scarpelli report in this Form 4 filing?
What is the nature of the 2.537 restricted stock units credited to Regal Rexnord (RRX) SVP Scarpelli?
What stock appreciation rights does Alexander Scarpelli hold in Regal Rexnord (RRX)?
How do Alexander Scarpelli’s Regal Rexnord (RRX) stock appreciation rights vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.