RRX CEO logs tax-withholding share dispositions
REGAL REXNORD CORP Chief Executive Officer Louis V. Pinkham reported tax-related share dispositions in connection with equity awards.
Rhea-AI Filing Summary
REGAL REXNORD CORP Chief Executive Officer Louis V. Pinkham reported tax-related share dispositions in connection with equity awards. On February 24, he disposed of 3,424 shares of common stock at $223.69 per share to satisfy tax obligations, leaving 76,717.464 shares directly owned afterward.
On February 23, he similarly disposed of 3,196 shares at $218.21 per share for tax withholding, with 80,141.464 shares directly owned after that transaction. He also directly holds stock appreciation rights, with 10,009 and 18,850 units outstanding that vest 34%, 67%, and 100% over the first three anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,424 | $223.69 | $766K |
| Exercise Price or Tax Liability | Common Stock | 3,196 | $218.21 | $697K |
| holding | Stock Appreciation Rights | -- | -- | -- |
| holding | Stock Appreciation Rights | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
What insider transactions did RRX CEO Louis V. Pinkham report?
Were the RRX CEO’s reported transactions open-market stock sales?
What stock appreciation rights does the RRX CEO hold and how do they vest?
Does the RRX CEO’s Form 4 show any insider purchases or sales?
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