Regal Rexnord director awarded dividend RSUs
Hilton Michael F reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hilton Michael F reported acquisition or exercise transactions in this Form 4 filing.
Regal Rexnord director Michael F. Hilton received a grant of 3.3130 additional restricted stock units valued at $211.2000 per share. These units were credited under the dividend equivalent reinvestment feature tied to a quarterly dividend and are subject to the same vesting terms as the underlying awards.
After this award, Hilton directly holds 9,162.7930 shares of Regal Rexnord common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3.313 | $211.20 | $699.71 |
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Regal Rexnord (RRX) director Michael F. Hilton report on this Form 4?
How many restricted stock units did Hilton receive in Regal Rexnord (RRX) and at what value?
Why were additional restricted stock units credited to Hilton at Regal Rexnord (RRX)?
Do the new RSUs for Regal Rexnord (RRX) have different vesting terms?
Was Hilton’s Regal Rexnord (RRX) Form 4 transaction an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.