Regal Rexnord (NYSE: RRX) director granted 923 restricted stock units
Rhea-AI Filing Summary
BAKKER GERBEN reported acquisition or exercise transactions in this Form 4 filing.
REGAL REXNORD CORP director Gerben Bakker received an equity award of 923 restricted stock units. The grant was made on May 11, 2026 under the company’s 2023 Omnibus Incentive Plan at a stated price of $0.00 per unit. According to the disclosure, these restricted stock units vest on May 11, 2027. After this award, Bakker directly holds 2,220.305 shares of common stock, reflecting his updated equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 923 | $0.00 | -- |
Footnotes (1)
- [object Object]
Key Figures
Key Terms
Restricted stock units financial
2023 Omnibus Incentive Plan financial
vest financial
FAQ
What did REGAL REXNORD (RRX) director Gerben Bakker receive in this Form 4 filing?
Director Gerben Bakker received an award of 923 restricted stock units of REGAL REXNORD CORP common stock. The units were granted as equity compensation under the company’s 2023 Omnibus Incentive Plan, increasing his direct share ownership to 2,220.305 shares.
When do Gerben Bakker’s newly granted RRX restricted stock units vest?
The 923 restricted stock units granted to Gerben Bakker vest on May 11, 2027. Vesting means he must remain eligible through that date for the units to fully settle under REGAL REXNORD CORP’s 2023 Omnibus Incentive Plan.
Was cash paid for the RRX restricted stock units granted to Gerben Bakker?
No cash was paid for this grant; the filing lists a transaction price of $0.00 per share. This confirms the 923 restricted stock units were issued as equity compensation, not purchased in an open-market transaction.
Under which plan were Gerben Bakker’s new RRX restricted stock units granted?
The 923 restricted stock units were granted under REGAL REXNORD CORP’s 2023 Omnibus Incentive Plan. This plan governs equity-based awards such as restricted stock units for eligible participants, including directors like Gerben Bakker.