REGAL REXNORD director awarded small RSU dividend credit
REGAL REXNORD CORP director Rakesh Sachdev reported a small equity award tied to existing compensation.
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Rhea-AI Filing Summary
REGAL REXNORD CORP director Rakesh Sachdev reported a small equity award tied to existing compensation. On the reported date, he acquired 2.165 shares of common stock-equivalent through additional restricted stock units valued at $209.35 per share. These units arose from a dividend equivalent reinvestment feature on his outstanding restricted stock unit awards and follow the same vesting terms as those awards. After this routine compensation-related credit, his directly held position increased to 27,340.101 shares.
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 provision financial
quarterly dividend payment financial
vesting financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did REGAL REXNORD (RRX) disclose for Rakesh Sachdev?
Why did REGAL REXNORD credit additional restricted stock units to its director?
Do the new RRX restricted stock units have separate vesting terms from existing awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.