Form 4: RBC Bearings CFO Reports Routine Stock Transaction for Tax Purposes

Sentiment:

Insider Transaction Report 27 May 2025 4:30 PM

RBC Bearings Inc.'s Vice President and CFO, Robert M. Sullivan, filed a Form 4 detailing the disposition of 93 shares of common stock to cover tax liabilities related to restricted stock vesting.

Summary

Robert M. Sullivan, Vice President and CFO of RBC Bearings INC (RBC), reported a transaction on May 23, 2025.
The transaction involved the disposition of 93 shares of RBC common stock at a price of $359.77 per share.
This disposition was identified as a 'F' transaction code, indicating shares withheld by the company to pay tax liability related to the vesting of restricted stock.
Following this transaction, Mr. Sullivan directly beneficially owns 11,289 shares of common stock.
The 11,289 shares include 6,500 shares of restricted stock with various vesting schedules extending through November 5, 2029.
Mr. Sullivan also holds multiple tranches of options to purchase common stock, with exercise prices ranging from $137.44 to $292.85, and vesting schedules extending to 2029 and expiration dates up to 2031.
A total of 19,500 options to purchase common stock are reported, with various portions subject to future vesting.

Sentiment

Score: 5

Explanation: The document is a neutral, routine compliance filing reporting an insider transaction for tax purposes. It contains no positive or negative operational or financial news.

Positives

The transaction is a routine compliance filing (Form 4) for tax withholding, not a discretionary sale by the insider.
The CFO retains a significant beneficial ownership of 11,289 common shares and 19,500 options, indicating continued alignment with shareholder interests.

Negatives

A small number of shares (93) were disposed of, reducing direct beneficial ownership slightly.

Risks

No specific risks are detailed in this Form 4 filing, as it primarily reports a routine insider transaction.

Future Outlook

This Form 4 filing is a statutory report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a routine insider transaction report specific to RBC Bearings Inc. and does not provide information for broader industry trend analysis or competitive positioning.

Stakeholder Impact

Shareholders: Minimal direct impact as it's a routine tax-related disposition, not a discretionary sale, by a key executive who retains significant equity holdings.
Employees: No direct impact mentioned.
Customers: No direct impact mentioned.
Suppliers: No direct impact mentioned.
Creditors: No direct impact mentioned.

Next Steps

Continued vesting of 6,500 restricted shares according to various schedules, with the latest vesting occurring on November 5, 2029.
Continued vesting of 19,500 options to purchase common stock, with various tranches vesting on future dates and expiring between June 2, 2027, and November 5, 2031.

Key Dates

Date	Description
05/23/2025	Transaction date for disposition of 93 common shares for tax liability; Vesting date for 2,000 options to purchase Common Stock (from $292.85 grant).
05/27/2025	Signature date of the Form 4 filing.
06/01/2025	Vesting date for 1/4 of 2,400 restricted shares and 1/4 of 4,000 options (from $199.51 grant).
06/02/2025	Vesting date for 500 restricted shares; Vesting date for 2,000 options (from $137.44 grant).
06/03/2025	Vesting date for 1/2 of 400 restricted shares; Vesting date for 1/2 of 2,000 options (from $199.16 grant); Vesting date for 1/3 of 1,200 restricted shares; Vesting date for 1/3 of 2,400 options (from $199.1 grant).
11/05/2025	Vesting date for 1/5 of 1,200 restricted shares; Vesting date for 1/5 of 1,500 options (from $287.85 grant).
05/23/2026	Vesting date for 1/4 of 800 restricted shares; Vesting date for 1/4 of 1,600 options (from $292.85 grant).
06/01/2026	Vesting date for 1/4 of 2,400 restricted shares; Vesting date for 1/4 of 4,000 options (from $199.51 grant).
06/03/2026	Vesting date for 1/2 of 400 restricted shares; Vesting date for 1/2 of 2,000 options (from $199.16 grant); Vesting date for 1/3 of 1,200 restricted shares; Vesting date for 1/3 of 2,400 options (from $199.1 grant).
11/05/2026	Vesting date for 1/5 of 1,200 restricted shares; Vesting date for 1/5 of 1,500 options (from $287.85 grant).
05/23/2027	Vesting date for 1/4 of 800 restricted shares; Vesting date for 1/4 of 1,600 options (from $292.85 grant).
06/01/2027	Vesting date for 1/4 of 2,400 restricted shares; Vesting date for 1/4 of 4,000 options (from $199.51 grant).
06/02/2027	Expiration date for 2,000 options (from $137.44 grant).
06/03/2027	Vesting date for 1/3 of 1,200 restricted shares; Vesting date for 1/3 of 2,400 options (from $199.1 grant).
11/05/2027	Vesting date for 1/5 of 1,200 restricted shares; Vesting date for 1/5 of 1,500 options (from $287.85 grant).
05/23/2028	Vesting date for 1/4 of 800 restricted shares; Vesting date for 1/4 of 1,600 options (from $292.85 grant).
06/01/2028	Vesting date for 1/4 of 2,400 restricted shares; Vesting date for 1/4 of 4,000 options (from $199.51 grant).
06/03/2028	Expiration date for 5,000 options (from $199.16 grant).
11/05/2028	Vesting date for 1/5 of 1,200 restricted shares; Vesting date for 1/5 of 1,500 options (from $287.85 grant).
05/23/2029	Vesting date for 1/4 of 800 restricted shares; Vesting date for 1/4 of 1,600 options (from $292.85 grant).
06/03/2029	Expiration date for 4,000 options (from $199.1 grant).
11/05/2029	Vesting date for 1/5 of 1,200 restricted shares; Vesting date for 1/5 of 1,500 options (from $287.85 grant).
06/01/2030	Expiration date for 5,000 options (from $199.51 grant).
05/23/2031	Expiration date for 2,000 options (from $292.85 grant).
11/05/2031	Expiration date for 1,500 options (from $287.85 grant).

Recommendation

hold

Keywords

RBC Bearings, RBC, Form 4, Insider Trading, Beneficial Ownership, Robert M. Sullivan, Stock Options, Restricted Stock, Tax Withholding

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