Regal Rexnord (RRX) director receives dividend-equivalent RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REGAL REXNORD CORP director Theodore D. Crandall received a small additional equity award tied to existing grants. On April 14, 2026, he acquired 2.165 restricted stock units of common stock at a reference value of $209.35 per share.
The footnote explains these units were credited under the dividend equivalent reinvestment provision of his existing restricted stock unit awards following a quarterly dividend. The new units carry the same vesting terms as the original awards, bringing his directly held equity position reported in this line to 8,571.101 shares or units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CRANDALL THEODORE D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.165 | $209.35 | $453.24 |
Holdings After Transaction:
Common Stock — 8,571.101 shares (Direct)
Footnotes (1)
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Key Figures
RSUs acquired: 2.165 units
Reference price per share: $209.35 per share
Holdings after transaction: 8,571.101 shares/units
+1 more
4 metrics
RSUs acquired
2.165 units
Dividend-equivalent restricted stock units on April 14, 2026
Reference price per share
$209.35 per share
Valuation used for the 2.165 restricted stock units
Holdings after transaction
8,571.101 shares/units
Direct common stock and units following the RSU credit
Transaction date
April 14, 2026
Date the restricted stock units were credited
Key Terms
restricted stock units, dividend equivalent reinvestment provision, quarterly dividend payment, vesting
4 terms
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"
quarterly dividend payment financial
"as a result of a quarterly dividend payment"
vesting financial
"subject to the same terms and conditions, including vesting, as the outstanding"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did REGAL REXNORD (RRX) director Theodore Crandall report in this Form 4?
Director Theodore D. Crandall reported acquiring 2.165 restricted stock units of REGAL REXNORD common stock. These units were credited automatically as dividend equivalents on existing awards and follow the same vesting conditions as his underlying restricted stock unit grants.
Was the REGAL REXNORD (RRX) Form 4 transaction an open-market stock purchase?
No, the Form 4 for REGAL REXNORD shows a grant-type acquisition of 2.165 restricted stock units, not an open-market purchase. The units arose from dividend equivalent reinvestment linked to outstanding restricted stock unit awards, rather than a discretionary buy on the market.
What is a dividend-equivalent restricted stock unit for REGAL REXNORD (RRX)?
A dividend-equivalent restricted stock unit credits additional units when REGAL REXNORD pays dividends, mirroring cash dividends on regular shares. In this filing, 2.165 extra units were added to Theodore Crandall’s existing restricted stock unit awards under such a dividend equivalent reinvestment provision.
Does this REGAL REXNORD (RRX) Form 4 change Theodore Crandall’s vesting terms?
No, the filing states the additional restricted stock units are subject to the same terms and conditions, including vesting, as the existing awards. The 2.165 new units simply increase the quantity under his current restricted stock unit grants at REGAL REXNORD.