Regal Rexnord EVP receives dividend RSUs
Regal Rexnord EVP and Chief HR Officer Cheryl Lewis reported an automatic equity increase as 8.6190 additional restricted stock units were credited at $211.20 per share under a dividend equivalent reinvestment provision tied to existing RSU awards.
Rhea-AI Filing Summary
Regal Rexnord EVP and Chief HR Officer Cheryl Lewis reported an automatic equity increase as 8.6190 additional restricted stock units were credited at $211.20 per share under a dividend equivalent reinvestment provision tied to existing RSU awards. After this credit, she reports 14917.284 shares of common stock held directly and continues to hold several Stock Appreciation Rights awards over 3083, 3690, 3554 and 2975 underlying shares at exercise prices between $133.77 and $168.47, expiring from 2031 to 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 8.619 | $211.20 | $2K |
| holding | Stock Appreciation Rights F2 | -- | -- | -- |
| holding | Stock Appreciation Rights F2 | -- | -- | -- |
| 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
FAQ
What insider transaction did Regal Rexnord (RRX) report for Cheryl Lewis?
What are the key details of Cheryl Lewis’s Stock Appreciation Rights at Regal Rexnord (RRX)?
How do Cheryl Lewis’s Regal Rexnord (RRX) Stock Appreciation Rights vest?
Was Cheryl Lewis’s equity change in Regal Rexnord (RRX) a market purchase or sale?
What is the dividend equivalent reinvestment provision mentioned for Regal Rexnord (RRX) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.