Regal Rexnord (NYSE: RRX) director gets 2.9 RSUs via dividend equivalents
Rhea-AI Filing Summary
Regal Rexnord Corp director Stephen M. Burt reported an automatic increase in his equity holdings through dividend-related stock units. On 01/14/2026, he acquired 2.912 additional restricted stock units at a reference price of $155.29 per unit under a dividend equivalent reinvestment feature tied to his existing awards. After this credit, he beneficially owns a total of 25,337.936 common stock equivalents directly, and the new units carry the same vesting and other terms as the underlying restricted stock unit awards.
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FAQ
What insider transaction did Regal Rexnord (RRX) report for Stephen M. Burt?
Regal Rexnord reported that director Stephen M. Burt acquired 2.912 additional restricted stock units of common stock on 01/14/2026 through a non-open-market transaction coded as an acquisition (A).
What was the price and type of shares in the latest RRX Form 4 filing?
The transaction involved Common Stock, with the additional 2.912 restricted stock units credited at a reference price of $155.29 per unit.
How many Regal Rexnord shares does Stephen M. Burt own after this transaction?
Following the reported acquisition, Stephen M. Burt beneficially owns 25,337.936 common stock equivalents of Regal Rexnord Corp in direct form.
Why did Stephen M. Burt receive additional restricted stock units from Regal Rexnord?
The filing explains that the 2.912 additional units were credited under a dividend equivalent reinvestment provision tied to his outstanding restricted stock unit awards after a quarterly dividend payment.
Do the new restricted stock units for RRX’s director have special vesting terms?
No special terms were added; the filing states the new units are subject to the same terms and conditions, including vesting, as the restricted stock unit awards to which they relate.
Is the Regal Rexnord Form 4 transaction a direct or indirect holding for the director?
The Form 4 reports that the 25,337.936 common stock equivalents, including the new units, are held in direct (D) ownership by Stephen M. Burt.