Form 4: RBC Bearings CFO Robert Sullivan Executes Option, Sells Shares
SEC Form 4
Robert Sullivan, CFO of RBC Bearings, exercised options to purchase 8,000 shares of common stock and sold the same amount on February 13, 2025.
Summary
- On February 13, 2025, Robert M. Sullivan, Vice President and CFO of RBC Bearings INC, exercised options to purchase 8,000 shares of common stock at a price of $137.44.
- Simultaneously, Sullivan sold 8,000 shares of common stock at a price of $362.2528.
- Following these transactions, Sullivan directly owns 11,382 shares of common stock and holds options to purchase additional shares.
- The exercised options were granted on June 2, 2021, and a portion of the remaining options are subject to vesting schedules.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider trading activity, which is common for executives who receive stock options as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 06/02/2021 | Date of grant for options to purchase common stock, some of which were exercised on 02/13/2025 |
| 06/03/2022 | Date of grant for options to purchase common stock |
| 06/03/2023 | Date of grant for options to purchase common stock |
| 06/01/2024 | Date of grant for options to purchase common stock |
| 05/23/2025 | Date of grant for options to purchase common stock |
| 02/13/2025 | Date of transaction: Exercise of stock options and sale of shares. |
| 11/05/2025 | Date of grant for options to purchase common stock |
| 06/03/2028 | Expiration date for options to purchase common stock granted on 06/03/2022 |
| 06/03/2029 | Expiration date for options to purchase common stock granted on 06/03/2023 |
| 06/01/2030 | Expiration date for options to purchase common stock granted on 06/01/2024 |
| 05/23/2031 | Expiration date for options to purchase common stock granted on 05/23/2025 |
| 11/05/2031 | Expiration date for options to purchase common stock granted on 11/05/2025 |
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