Regal Rexnord director receives small RSU dividend grant
REGAL REXNORD CORP director Gerben Bakker received a small stock-based award through dividend reinvestment.
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Rhea-AI Filing Summary
REGAL REXNORD CORP director Gerben Bakker received a small stock-based award through dividend reinvestment. On this date, he acquired 2.165 shares of common stock at an indicated value of $209.35 per share, credited as additional restricted stock units tied to existing awards.
Following this grant, Bakker directly holds 1,297.305 shares of common stock in the form of restricted stock units. According to the footnote, these new units arose from a quarterly dividend being reinvested and are subject to the same vesting terms and conditions as the original restricted stock unit awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.165 | $209.35 | $453.24 |
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
Key Terms
restricted stock units financial
dividend equivalent reinvestment financial
quarterly dividend payment financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did REGAL REXNORD CORP (RRX) director Gerben Bakker report on this Form 4?
Was Gerben Bakker’s RRX Form 4 transaction an open-market stock purchase or a compensation-related award?
Why did Gerben Bakker receive additional REGAL REXNORD (RRX) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.