Regal Rexnord EVP adds 12.383 dividend RSUs
REGAL REXNORD CORP Executive Vice President Jerrald R. Morton reported an acquisition of 12.3830 shares of common stock at $211.2000 per share, increasing his direct holdings to 16818.6180 shares.
Rhea-AI Filing Summary
REGAL REXNORD CORP Executive Vice President Jerrald R. Morton reported an acquisition of 12.3830 shares of common stock at $211.2000 per share, increasing his direct holdings to 16818.6180 shares. According to the disclosure, these represent additional restricted stock units credited through a dividend equivalent reinvestment tied to a quarterly dividend.
Morton also reports outstanding stock appreciation rights linked to 5171.0000 and 5304.0000 underlying common shares, with exercise prices of $168.4700 and $154.2000, expiring on 2034-02-23 and 2033-02-23.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 12.383 | $211.20 | $3K |
| holding | Stock Appreciation Rights F2 | -- | -- | -- |
| holding | Stock Appreciation Rights F2 | -- | -- | -- |
Footnotes (2)
- 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.
- F2. The Stock Appreciation Rights vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.
Key Figures
Key Terms
Stock Appreciation Rights financial
restricted stock units financial
dividend equivalent reinvestment provision financial
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