Form 4: RBC Bearings Director Michael H. Ambrose Reports Stock Transactions
SEC Form 4 Filing
Director Michael H. Ambrose of RBC Bearings INC reports the acquisition and disposal of common stock and derivative securities.
Summary
- On February 5, 2025, Michael H. Ambrose, a director of RBC Bearings INC, reported transactions involving the company's common stock and options.
- Ambrose acquired 400 shares of common stock at $163.27 and disposed of 400 shares at $362.8863.
- He also disposed of 125 shares as a gift.
- Following these transactions, Ambrose beneficially owns 6,603 shares of common stock.
- The report also details Ambrose's holdings of options to purchase common stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 11/05/2023 | Date of option grant with expiration date 11/05/2026 |
| 06/02/2023 | Date of option grant with expiration date 06/02/2027 |
| 06/03/2023 | Date of option grant with expiration date 06/03/2028 |
| 06/06/2023 | Date of option grant with expiration date 06/06/2029 |
| 06/05/2024 | Date of option grant with expiration date 06/05/2030 |
| 05/29/2025 | Date of option grant with expiration date 05/29/2031 |
| 02/05/2025 | Date of reported transactions: stock acquisition, disposal, and option exercise. |
| 06/06/2025 | Vesting date for 500 restricted shares. |
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