Director Curtis Stoelting (RRX) reports 360-share bona fide gift via family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REGAL REXNORD CORP director Curtis W. Stoelting reported a bona fide gift of 360 shares of Common Stock made through the Stoelting Family Trust. After the gift, the trust held 26,455 shares indirectly, while Stoelting also held 1,220.1010 shares directly. The filing reflects a personal estate-planning transfer rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
360 shares gifted
Mixed
2 txns
Insider
STOELTING CURTIS W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 360 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,455 shares (Indirect, By Trust);
Common Stock — 1,220.101 shares (Direct, null)
Footnotes (1)
- 10,822 shares previously held directly by the reporting person were transferred into the Stoelting Family Trust dated February 15, 2023 in a transaction exempt from Section 16 reporting pursuant to Rule 16a-13. Shares held in the Stoelting Family Trust dated February 15, 2023.
Key Figures
Gifted shares: 360 shares
Indirect holdings after gift: 26,455 shares
Direct holdings: 1,220.1010 shares
+1 more
4 metrics
Gifted shares
360 shares
Bona fide gift of Common Stock
Indirect holdings after gift
26,455 shares
Stoelting Family Trust post-transaction balance
Direct holdings
1,220.1010 shares
Curtis W. Stoelting direct ownership
Gift transactions
1
Form 4 gift transaction count
Key Terms
bona fide gift, Stoelting Family Trust, Section 16 reporting, indirect ownership
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Stoelting Family Trust financial
"Shares held in the Stoelting Family Trust dated February 15, 2023."
Section 16 reporting regulatory
"transaction exempt from Section 16 reporting pursuant to Rule 16a-13."
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By Trust""
FAQ
What insider transaction did REGAL REXNORD (RRX) disclose for Curtis W. Stoelting?
REGAL REXNORD disclosed that director Curtis W. Stoelting reported a bona fide gift of 360 shares of Common Stock. The transfer was made through the Stoelting Family Trust and reflects a personal disposition, not an open-market purchase or sale of RRX shares.
What are Curtis W. Stoelting’s direct REGAL REXNORD (RRX) holdings in this Form 4?
The Form 4 shows Curtis W. Stoelting holding 1,220.1010 REGAL REXNORD Common Stock shares directly. This direct ownership is separate from the larger indirect position held through the Stoelting Family Trust, which is reported with its own post-transaction share balance.
What do the Stoelting Family Trust footnotes indicate about the RRX transactions?
One footnote explains that 10,822 shares previously held directly by Curtis W. Stoelting were transferred into the Stoelting Family Trust in a transaction exempt from Section 16 reporting. Another notes that shares referenced as indirect holdings are held in this trust, clarifying ownership structure.