Regal Rexnord (NYSE: RRX) EVP awarded extra RSUs via dividend reinvestment
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
Net Buyer: 8.619 shares
Net Buy
5 txns
Insider
Lewis Cheryl
Role
EVP and Chief HR Officer*
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,917.284 shares (Direct);
Stock Appreciation Rights — 13,302 shares (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
RSUs credited: 8.6190 shares
Post-transaction common stock holdings: 14917.2840 shares
SAR underlying shares (2034 expiry): 3083.0000 shares
+3 more
6 metrics
RSUs credited
8.6190 shares
Additional restricted stock units credited at $211.2000 per share on 2026-07-14
Post-transaction common stock holdings
14917.2840 shares
Directly held common stock after RSU dividend-equivalent credit
SAR underlying shares (2034 expiry)
3083.0000 shares
Stock Appreciation Rights at $168.4700 exercise price, expiring 2034-02-23
SAR underlying shares (2033 expiry)
3690.0000 shares
Stock Appreciation Rights at $154.2000 exercise price, expiring 2033-02-23
SAR underlying shares (2032 expiry)
3554.0000 shares
Stock Appreciation Rights at $151.2700 exercise price, expiring 2032-02-23
SAR underlying shares (2031 expiry)
2975.0000 shares
Stock Appreciation Rights at $133.7700 exercise price, expiring 2031-02-23
Key Terms
Stock Appreciation Rights, restricted stock units, dividend equivalent reinvestment provision
3 terms
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.
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 provision financial
"under the dividend equivalent reinvestment provision of the reporting person's outstanding"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Regal Rexnord (RRX) report for Cheryl Lewis?
Regal Rexnord reported that Cheryl Lewis received 8.6190 additional restricted stock units at $211.20 each. They were credited under a dividend equivalent reinvestment tied to her existing RSU awards, modestly increasing her reported direct common stock holdings.
What are the key details of Cheryl Lewis’s Stock Appreciation Rights at Regal Rexnord (RRX)?
Cheryl Lewis holds Stock Appreciation Rights over 3083, 3690, 3554 and 2975 underlying shares, with exercise prices from $133.7700 to $168.4700. These awards expire between 2031-02-23 and 2034-02-23, according to the derivative holdings summary.
How do Cheryl Lewis’s Regal Rexnord (RRX) Stock Appreciation Rights vest?
Her Stock Appreciation Rights vest 34% on the first anniversary of grant, 67% on the second, and 100% on the third. This three-step schedule governs when the SARs become exercisable, as described in the vesting footnote.
Was Cheryl Lewis’s equity change in Regal Rexnord (RRX) a market purchase or sale?
It was not a market trade. The filing shows an A-code acquisition of 8.6190 units classified as additional restricted stock units from a dividend equivalent reinvestment, with no open-market buys or sells reported in this transaction set.
What is the dividend equivalent reinvestment provision mentioned for Regal Rexnord (RRX) RSUs?
The dividend equivalent reinvestment provision credits additional restricted stock units to the holder when a quarterly dividend is paid. These new units follow the same terms and vesting conditions as the underlying RSU awards to which they relate.