Regal Rexnord (RRX) SVP awarded 917 RSUs, with tax share withholding
Rhea-AI Filing Summary
REGAL REXNORD CORP senior vice president Timothy A. Dickson reported equity compensation activity and related tax withholding. On February 23, he acquired 917 shares of common stock as a grant or award with a $0 grant price, in the form of Restricted Stock Units that vest 34%, 33%, and 33% over three years.
Also on February 23 and February 24, shares of common stock were disposed of through tax-withholding transactions covering 56 shares at $218.20 and 149 shares at $223.69 per share. After these transactions, he held 4,947.008 common shares directly, and his Stock Appreciation Rights position reflected 1,392 units as of February 23, which vest in stages over three years.
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FAQ
What insider transactions did Regal Rexnord (RRX) report for Timothy A. Dickson?
Regal Rexnord reported that Timothy A. Dickson received a 917-share common stock grant on February 23 and had tax-withholding dispositions of 56 and 149 shares on February 23 and 24, respectively, all in Regal Rexnord common stock.
Was the Regal Rexnord (RRX) insider transaction a stock sale in the open market?
The filing shows no open-market stock sale. Dispositions on February 23 and 24 involving 56 and 149 shares were coded “F,” indicating payment of tax liability by delivering shares, not discretionary market selling.
How many Regal Rexnord (RRX) shares does Timothy A. Dickson hold after these transactions?
After the February 24 tax-withholding transaction, Timothy A. Dickson directly held 4,947.008 shares of Regal Rexnord common stock. The Form 4 also reports 1,392 Stock Appreciation Rights units outstanding as of February 23, with vesting over a three-year schedule.
What equity award did the Regal Rexnord (RRX) executive receive on February 23?
On February 23, Timothy A. Dickson received a grant of 917 common shares via Restricted Stock Units with a stated price of $0. The RSUs vest 34%, 33%, and 33% on the first, second, and third anniversaries of the grant date.
How do the Stock Appreciation Rights for Regal Rexnord (RRX) vest for Timothy A. Dickson?
The filing states that Timothy A. Dickson’s Stock Appreciation Rights, reflecting 1,392 units as of February 23, vest in stages: 34% after one year, 67% after two years, and 100% by the third anniversary of the grant.
What do the tax-withholding dispositions mean in the Regal Rexnord (RRX) Form 4?
The Form 4 shows transactions coded “F” for 56 and 149 shares of common stock. This code indicates payment of exercise price or tax liability by delivering shares, rather than elective buying or selling in the open market.