Form 4: RBC Bearings Executive Daniel Bergeron Reports Routine Stock Transactions for Tax Purposes

RBC Bearings' Vice President and COO, Daniel A. Bergeron, filed a Form 4 detailing the withholding of shares to cover tax liabilities related to the vesting of restricted stock.

Summary

• Daniel A. Bergeron, Vice President and COO of RBC Bearings INC (RBC), reported changes in his beneficial ownership of company stock.
• On June 2, 2025, 1,630 shares of Common Stock were disposed of (withheld by the company) at a price of $365.87 per share to pay tax liability related to the vesting of restricted stock.
• On June 3, 2025, an additional 1,819 shares of Common Stock were disposed of (withheld by the company) at a price of $370.21 per share for the same tax liability purpose.
• Following these transactions, Mr. Bergeron beneficially owns 111,134 shares of Common Stock directly.
• This beneficial ownership includes 12,798 shares of restricted stock with various vesting schedules: 3,516 shares vesting on June 1, 2026; 4,491 shares vesting half on May 23, 2026, and half on May 23, 2027; and 4,791 shares vesting one-third on May 28, 2026, one-third on May 28, 2027, and one-third on May 28, 2028.
• Mr. Bergeron also holds options to purchase Common Stock: 35,000 options at an exercise price of $143.92 expiring June 3, 2026; 20,743 options at $137.44 expiring June 2, 2027; and 35,000 options at $199.16 expiring June 3, 2028, with 7,000 of these options vesting on June 3, 2026.

Sentiment

Score: 6

Explanation: The filing details routine transactions related to the vesting of restricted stock and subsequent tax withholding, indicating the fulfillment of equity compensation plans rather than discretionary sales, which is generally neutral to slightly positive.

Positives

• The transactions reflect the vesting of restricted stock, indicating that previously granted equity compensation is maturing and becoming exercisable or owned.
• The withholding of shares for tax purposes is a standard and expected procedure for equity compensation, not a discretionary sale by the insider.

Negatives

• A total of 3,449 shares of Common Stock were disposed of (withheld) to cover tax liabilities, reducing the direct beneficial ownership of the reporting person.

Future Outlook

The document outlines future vesting schedules for 12,798 shares of restricted stock, with portions vesting on June 1, 2026, May 23, 2026, May 23, 2027, May 28, 2026, May 28, 2027, and May 28, 2028. Additionally, 7,000 options from a grant of 35,000 options at $199.16 are set to vest on June 3, 2026.

Industry Context

This Form 4 filing is a routine compliance disclosure specific to an insider's equity compensation at RBC Bearings, a company operating in the industrial bearings and motion control industry. It does not provide direct insights into broader industry trends but reflects standard corporate governance and compensation practices within publicly traded companies.

Stakeholder Impact

• Shareholders: Provides transparency regarding insider stock ownership and the mechanics of executive compensation, specifically how restricted stock vests and is taxed.
• Employees: Reflects standard equity compensation practices for executives, which can be a benchmark for broader employee stock plans.

Next Steps

• Monitoring the future vesting dates of restricted stock and options held by Daniel A. Bergeron as per the disclosed schedules.

Key Dates

Keywords

RBC Bearings, RBC, Form 4, Insider Transaction, Beneficial Ownership, Stock Vesting, Equity Compensation, Daniel A. Bergeron, SEC Filing