Regal Rexnord EVP receives additional stock units
Regal Rexnord executive Cheryl Lewis, EVP and Chief HR Officer, reported receiving 8.681 additional restricted stock units of common stock at a reference price of $209.35 per share through a dividend equivalent reinvestment provision tied to prior awards.
Rhea-AI Filing Summary
Regal Rexnord executive Cheryl Lewis, EVP and Chief HR Officer, reported receiving 8.681 additional restricted stock units of common stock at a reference price of $209.35 per share through a dividend equivalent reinvestment provision tied to prior awards.
Following this grant, her directly held common stock position increased to 14,908.665 shares. She also continues to hold several stock appreciation right awards on common stock with exercise prices between $133.77 and $168.47, which expire between 2031 and 2034 under their original vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8.681 shares
Grant/Award
5 txns
Insider
Lewis Cheryl
Role
EVP and Chief HR Officer*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8.681 | $209.35 | $2K |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,908.665 shares (Direct);
Stock Appreciation Rights — 13,302 contracts (Direct)
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
RSU dividend-equivalent grant: 8.681 shares
Reference price per share: $209.35/share
Common stock holdings after transaction: 14,908.665 shares
+4 more
7 metrics
RSU dividend-equivalent grant
8.681 shares
Additional restricted stock units credited via dividend equivalent reinvestment
Reference price per share
$209.35/share
Price associated with the 8.681 restricted stock units
Common stock holdings after transaction
14,908.665 shares
Direct Regal Rexnord common stock held by Cheryl Lewis after the grant
SAR exercise price 1
$133.77
Stock Appreciation Rights on 2,975 underlying common shares, expiring 2031-02-23
SAR exercise price 2
$151.27
Stock Appreciation Rights on 3,554 underlying common shares, expiring 2032-02-23
SAR exercise price 3
$154.20
Stock Appreciation Rights on 3,690 underlying common shares, expiring 2033-02-23
SAR exercise price 4
$168.47
Stock Appreciation Rights on 3,083 underlying common shares, expiring 2034-02-23
Key Terms
restricted stock units, dividend equivalent reinvestment, Stock Appreciation Rights, vesting, +1 more
5 terms
restricted stock units financial
"Represents additional restricted stock units credited to the reporting person under the dividend equivalent reinvestment provision"
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.
dividend equivalent reinvestment financial
"credited to the reporting person under the dividend equivalent reinvestment provision of the reporting person's outstanding restricted stock unit awards"
Stock Appreciation Rights financial
"The Stock Appreciation Rights vest and become exercisable 34% on the first anniversary"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
vesting financial
"subject to the same terms and conditions, including vesting, as the outstanding restricted stock unit awards"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"Stock Appreciation Rights with an exercise price of 133.7700 and later grants at 151.2700, 154.2000 and 168.4700"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did Regal Rexnord (RRX) executive Cheryl Lewis report in this Form 4?
Cheryl Lewis reported an acquisition of 8.681 restricted stock units of Regal Rexnord common stock. These units were credited under a dividend equivalent reinvestment feature linked to her existing restricted stock unit awards, increasing her direct common stock holdings.
What stock appreciation rights does Cheryl Lewis hold in Regal Rexnord (RRX)?
Cheryl Lewis holds several Stock Appreciation Rights tied to Regal Rexnord common stock, with exercise prices of $133.77, $151.27, $154.20, and $168.47. These awards generally expire between 2031 and 2034 under their original grant terms.
Does the Form 4 for Regal Rexnord (RRX) show any stock sales by Cheryl Lewis?
The Form 4 indicates a grant or award acquisition of additional restricted stock units and updates on stock appreciation rights holdings. It does not report any open-market or other sales of Regal Rexnord common stock by Cheryl Lewis in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
