Regal Rexnord (NYSE: RRX) director gets dividend-equivalent RSU credit
Rhea-AI Filing Summary
REGAL REXNORD CORP director Rashida A. Hodge reported an acquisition of 1.53 restricted stock units of common stock on 2026-07-14. According to the disclosure, these units were credited under a dividend equivalent reinvestment feature tied to her outstanding restricted stock unit awards and are subject to the same vesting terms. Following this credit, she directly holds 2,221.835 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1.53 shares
Net Buy
1 txn
Insider
Hodge Rashida A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1.53 | $211.20 | $323.14 |
Holdings After Transaction:
Common Stock — 2,221.835 shares (Direct)
Footnotes (1)
- F1. Represents 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. The additional restricted stock units resulting from the dividend equivalent reinvestment are subject to the same terms and conditions, including vesting, as the outstanding restricted stock unit awards to which they are attributable.
Key Figures
RSUs credited: 1.53 shares
Reference price per share: $211.20
RSUs held after transaction: 2,221.835 shares
3 metrics
RSUs credited
1.53 shares
Restricted stock units credited on 2026-07-14 via dividend equivalent reinvestment
Reference price per share
$211.20
Per-share value associated with the 1.53 RSUs credited
RSUs held after transaction
2,221.835 shares
Total restricted stock units directly held by Rashida A. Hodge after the credit
Key Terms
restricted stock units, dividend equivalent reinvestment, quarterly dividend payment
3 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 financial
"under the dividend equivalent reinvestment provision of the reporting person's"
quarterly dividend payment financial
"as a result of a quarterly dividend payment. The additional restricted"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did REGAL REXNORD (RRX) director Rashida A. Hodge report?
Director Rashida A. Hodge reported receiving 1.53 restricted stock units of REGAL REXNORD common stock. These units were credited as a dividend equivalent reinvestment linked to her existing RSU awards and are subject to the same vesting conditions.
Was the REGAL REXNORD (RRX) Form 4 transaction a market purchase or sale?
The Form 4 for RRX shows a grant/award acquisition, not a market purchase or sale. The 1.53 units were credited automatically under a dividend equivalent reinvestment provision tied to existing restricted stock unit awards.
How many REGAL REXNORD (RRX) restricted stock units does Rashida A. Hodge hold after this transaction?
After the reported transaction, Rashida A. Hodge holds 2,221.835 restricted stock units of REGAL REXNORD common stock. This total includes the 1.53 additional units credited through the dividend equivalent reinvestment feature.
What caused the additional restricted stock units reported for REGAL REXNORD (RRX)?
The additional 1.53 restricted stock units were credited due to a quarterly dividend payment under a dividend equivalent reinvestment provision. These new units follow the same terms and vesting conditions as the underlying RSU awards.