Regal Rexnord EVP granted 2,016 RSUs
Long Kevin reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Long Kevin reported acquisition or exercise transactions in this Form 4 filing.
REGAL REXNORD CORP executive Kevin Long received an equity award of 2,016 restricted stock units (RSUs) of common stock. The award was granted at no cash cost to him and represents a stock-based compensation grant rather than an open-market purchase.
The RSUs vest 34% on the first anniversary of the grant date, 33% on the second anniversary, and 33% on the third anniversary. After this grant, Long beneficially owns 7,477.573 shares-equivalent of common stock, which includes 13.291 additional RSUs credited through dividend equivalent reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,016 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted Stock Units ("RSUs") granted to the reporting person. The RSUs vest 34% on the first anniversary, 33% on the second anniversary and 33% on the third anniversary of the date of the grant.
- F2. Includes 13.291 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 that were not previously included in the reporting person's securities beneficially owned.
FAQ
What insider transaction did REGAL REXNORD (RRX) report for Kevin Long?
How do Kevin Long’s new RSUs at REGAL REXNORD (RRX) vest over time?
What are the dividend equivalent RSUs mentioned in Kevin Long’s REGAL REXNORD (RRX) filing?
Was Kevin Long’s REGAL REXNORD (RRX) Form 4 transaction a stock purchase or a grant?
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