Dividend reinvestment adds RSUs for Regal Rexnord (NYSE: RRX) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STOELTING CURTIS W reported acquisition or exercise transactions in this Form 4 filing.
REGAL REXNORD CORP director Curtis W. Stoelting received an additional 2.165 restricted stock units of Common Stock on a grant basis at $209.35 per share value, credited under the dividend equivalent reinvestment feature tied to his existing restricted stock unit awards.
After this credit, he holds 11,119.101 Common Stock shares directly, and 15,993 shares are held indirectly by the Stoelting Family Trust dated February 15, 2023, which is shown as trust ownership in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
STOELTING CURTIS W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.165 | $209.35 | $453.24 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,119.101 shares (Direct);
Common Stock — 15,993 shares (Indirect, By Trust)
Footnotes (1)
- 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. Shares held in the Stoelting Family Trust dated February 15, 2023.
Key Figures
RSUs granted: 2.165 restricted stock units
Grant reference price: $209.35 per share
Direct holdings after transaction: 11,119.101 shares
+1 more
4 metrics
RSUs granted
2.165 restricted stock units
Additional units from dividend equivalent reinvestment on Common Stock
Grant reference price
$209.35 per share
Price per share associated with the 2.165 RSUs
Direct holdings after transaction
11,119.101 shares
Common Stock directly owned after the RSU grant
Indirect trust holdings
15,993 shares
Common Stock held by the Stoelting Family Trust dated February 15, 2023
Key Terms
restricted stock units, dividend equivalent reinvestment, quarterly dividend, Stoelting Family Trust
4 terms
restricted stock units financial
"Represents additional restricted stock units credited to the reporting person"
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
"under the dividend equivalent reinvestment provision of the reporting person's outstanding"
quarterly dividend financial
"as a result of a quarterly dividend payment"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
Stoelting Family Trust financial
"Shares held in the Stoelting Family Trust dated February 15, 2023"
FAQ
What insider transaction did REGAL REXNORD (RRX) director Curtis Stoelting report?
Curtis Stoelting reported receiving 2.165 restricted stock units of Common Stock as an additional grant. These units were credited through a dividend equivalent reinvestment feature linked to his existing restricted stock unit awards, rather than an open-market purchase or sale of shares.
How were the additional Regal Rexnord (RRX) restricted stock units for Curtis Stoelting generated?
The additional 2.165 restricted stock units were credited under a dividend equivalent reinvestment provision. This feature adds restricted stock units when a quarterly dividend is paid, and the new units follow the same vesting and other terms as the original restricted stock unit awards.
What is Curtis Stoelting’s direct Regal Rexnord (RRX) Common Stock holding after this Form 4?
Following the grant of 2.165 restricted stock units, Curtis Stoelting’s direct Common Stock holding is reported as 11,119.101 shares. This figure reflects his position after the non-derivative acquisition recorded in the filing on April 14, 2026, as indicated in the transaction data.
Does the Regal Rexnord (RRX) Form 4 reflect any stock sales by Curtis Stoelting?
The Form 4 does not report any stock sales by Curtis Stoelting. It shows a non-derivative acquisition of 2.165 restricted stock units via a grant and an additional line reflecting indirect holdings in a family trust, without any sell transactions indicated in the transaction summary.