Regal Rexnord (RRX) director receives 923 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burt Stephen M reported acquisition or exercise transactions in this Form 4 filing.
REGAL REXNORD CORP director Stephen M. Burt received an equity grant of 923 restricted stock units of common stock under the 2023 Omnibus Incentive Plan. According to the filing, these restricted stock units vest on 5/11/2027, bringing his direct holdings to 26,263.101 shares after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burt Stephen M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 923 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,263.101 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 923 restricted stock units
Post‑grant holdings: 26,263.101 shares
Grant price per share: 0.0000
+1 more
4 metrics
RSU grant size
923 restricted stock units
Grant of common stock units to director on 5/11/2026
Post‑grant holdings
26,263.101 shares
Total common stock held directly after transaction
Grant price per share
0.0000
Reported transaction price per share for RSU award
Vesting date
5/11/2027
Restricted stock units vest under 2023 Omnibus Incentive Plan
Key Terms
Restricted stock units, 2023 Omnibus Incentive Plan, transaction code A
3 terms
Restricted stock units financial
"Restricted stock units granted to the reporting person under the 2023 Omnibus Incentive Plan."
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.
2023 Omnibus Incentive Plan financial
"Restricted stock units granted to the reporting person under the 2023 Omnibus Incentive Plan."
transaction code A financial
"The transaction is classified with transaction code A, indicating a grant, award, or other acquisition."
FAQ
What insider transaction did REGAL REXNORD (RRX) report for Stephen M. Burt?
The filing reports that director Stephen M. Burt received a grant of 923 restricted stock units of REGAL REXNORD common stock. This award was recorded as an acquisition under transaction code A, reflecting a grant or other award rather than an open-market purchase.
What type of securities were granted to the REGAL REXNORD (RRX) director?
Stephen M. Burt was granted restricted stock units tied to REGAL REXNORD common stock. These units were issued under the company’s 2023 Omnibus Incentive Plan and represent a form of equity-based compensation that converts into shares upon vesting on the stated schedule.
When do Stephen M. Burt’s REGAL REXNORD (RRX) restricted stock units vest?
The restricted stock units granted to Stephen M. Burt vest on 5/11/2027. Vesting means the units convert into common shares on that date, assuming all conditions in the company’s 2023 Omnibus Incentive Plan are satisfied by the reporting person.
Was cash paid for the REGAL REXNORD (RRX) restricted stock units granted to Stephen M. Burt?
No cash price per share is shown; the transaction price per share is listed as 0.0000. This indicates the 923 restricted stock units were awarded as compensation, consistent with a typical equity grant recorded under transaction code A.