Regal Rexnord (RRX) director gets 923 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STOELTING CURTIS W reported acquisition or exercise transactions in this Form 4 filing.
REGAL REXNORD CORP director Curtis W. Stoelting reported a compensation-related equity award and updated holdings. He received 923 restricted stock units of Common Stock at $0.0000 per unit under the 2023 Omnibus Incentive Plan, which vest on 05/11/2027.
After this grant, Stoelting directly holds 12,042.101 shares of Common Stock. In addition, 15,993 shares are held indirectly through the Stoelting Family Trust dated February 15, 2023, reflecting trust-owned shares associated with him.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
STOELTING CURTIS W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 923 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,042.101 shares (Direct, null);
Common Stock — 15,993 shares (Indirect, By Trust)
Footnotes (1)
- Restricted stock units granted to the reporting person under the 2023 Omnibus Incentive Plan. The restricted stock units vest on 5/11/2027. Shares held in the Stoelting Family Trust dated February 15, 2023.
Key Figures
RSU grant size: 923 restricted stock units
Grant price per unit: $0.0000 per unit
RSU vesting date: 05/11/2027
+2 more
5 metrics
RSU grant size
923 restricted stock units
Granted under 2023 Omnibus Incentive Plan
Grant price per unit
$0.0000 per unit
Compensation award, not market purchase
RSU vesting date
05/11/2027
Vesting for 923 restricted stock units
Direct shares after grant
12,042.101 shares
Common Stock directly owned by Stoelting
Indirect trust holdings
15,993 shares
Held by Stoelting Family Trust dated February 15, 2023
Key Terms
Restricted stock units, 2023 Omnibus Incentive Plan, Stoelting Family Trust, indirect ownership, +1 more
5 terms
Restricted stock units financial
"Restricted stock units granted to the reporting person under the 2023 Omnibus Incentive Plan."
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.
2023 Omnibus Incentive Plan financial
"Restricted stock units granted to the reporting person under the 2023 Omnibus Incentive Plan."
Stoelting Family Trust financial
"Shares held in the Stoelting Family Trust dated February 15, 2023."
indirect ownership financial
"total_shares_following_transaction": "15993.0000", "direct_or_indirect": "I", "nature_of_ownership": "By Trust""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Regal Rexnord (RRX) director Curtis Stoelting report in this Form 4?
Curtis Stoelting reported receiving 923 restricted stock units of Regal Rexnord Common Stock as a compensation grant. The award was made under the 2023 Omnibus Incentive Plan and updates his direct and indirect share ownership positions with the company.
When do Curtis Stoelting’s newly granted Regal Rexnord (RRX) RSUs vest?
The 923 restricted stock units granted to Curtis Stoelting vest on May 11, 2027. Vesting means he will receive the underlying shares at that date, assuming applicable service or other plan conditions are satisfied under the 2023 Omnibus Incentive Plan.
Is Curtis Stoelting’s Regal Rexnord (RRX) transaction a market purchase or sale?
The reported transaction is a grant of 923 restricted stock units at $0.0000 per unit, not a market purchase or sale. It represents a compensation award under the 2023 Omnibus Incentive Plan, rather than an open-market trading decision in Regal Rexnord shares.