Regal Rexnord director receives dividend RSU award
REGAL REXNORD CORP director Michael P. Doss received additional stock-based compensation through dividend equivalents.
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Rhea-AI Filing Summary
REGAL REXNORD CORP director Michael P. Doss received additional stock-based compensation through dividend equivalents. On the reported date, he acquired 3.961 shares of common stock in the form of restricted stock units valued at $209.35 per share. These units were credited under a dividend equivalent reinvestment feature tied to his existing restricted stock unit awards and are subject to the same vesting terms. Following this grant, he holds 3,904.48 shares of common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3.961 | $209.35 | $829.24 |
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
Key Terms
restricted stock units financial
dividend equivalent reinvestment financial
quarterly dividend payment financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did REGAL REXNORD (RRX) director Michael P. Doss report on this Form 4?
At what price were the new REGAL REXNORD (RRX) restricted stock units recorded?
What are Michael P. Doss’s REGAL REXNORD (RRX) holdings after this Form 4 transaction?
What is the nature of the REGAL REXNORD (RRX) award reported by Michael P. Doss?
Was this REGAL REXNORD (RRX) Form 4 transaction an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.