Regal Rexnord director receives small RSU credit
Regal Rexnord Corp director Michael F. Hilton reported a small stock-based award tied to existing grants.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Regal Rexnord Corp director Michael F. Hilton reported a small stock-based award tied to existing grants. On the reported date, he acquired 3.961 shares of common stock at an indicated value of $209.35 per share, increasing his direct holdings to 8,236.480 shares.
The footnote explains these are additional restricted stock units credited under a dividend equivalent reinvestment feature on his outstanding restricted stock unit awards. These added units carry the same terms and vesting conditions as the original awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3.961 | $209.35 | $829.24 |
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
vesting financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Regal Rexnord (RRX) director Michael F. Hilton report in this Form 4?
Was this Regal Rexnord (RRX) Form 4 transaction an open-market purchase or sale?
Does the dividend equivalent reinvestment change vesting terms for Michael F. Hilton’s Regal Rexnord (RRX) awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.