Regal Rexnord director gets small RSU dividend grant
REGAL REXNORD CORP director Stephen M. Burt received a small grant of additional restricted stock units tied to a quarterly dividend.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
REGAL REXNORD CORP director Stephen M. Burt received a small grant of additional restricted stock units tied to a quarterly dividend. The filing shows an acquisition of 2.165 units at a reference price of $209.35 per share, increasing his direct holdings to 25,340.101 shares.
The footnote explains these units were credited under a dividend equivalent reinvestment provision and remain subject to the same vesting terms and conditions as the underlying restricted stock unit awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.165 | $209.35 | $453.24 |
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 provision financial
quarterly dividend payment financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did REGAL REXNORD (RRX) disclose for Stephen M. Burt?
Was the RRX Form 4 transaction an open-market buy or a stock grant?
Why did REGAL REXNORD credit additional restricted stock units to Stephen M. Burt?
AI-generated analysis. How Rhea-AI works. Not financial advice.