Form 4: RBC Bearings Executive Reports Stock Withholding

Daniel A. Bergeron, Vice President and COO of RBC Bearings, reported the withholding of shares to cover tax obligations upon restricted stock vesting.

Summary

• Daniel A. Bergeron, Vice President and COO of RBC Bearings, executed two transactions involving the withholding of common stock to satisfy tax liabilities.
• On May 23, 2026, 1,041 shares were withheld at a price of $559.95 per share.
• On May 28, 2026, 741 shares were withheld at a price of $577.42 per share.
• Following these transactions, the reporting person maintains a direct beneficial ownership of 115,454 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transactions are purely administrative and related to tax obligations rather than discretionary selling.

Positives

• The transactions reflect the vesting of restricted stock, indicating ongoing compensation and retention of key executive personnel.

Negatives

• The reduction in total shares beneficially owned by the executive, albeit for tax purposes.

Risks

• Market price volatility affecting the value of remaining restricted stock holdings.

Future Outlook

The filing does not provide forward-looking business guidance, as it is a standard disclosure of executive equity transactions.

Industry Context

StockSavvy.ai notes that this is a routine administrative filing common in the manufacturing and industrial sector, where equity-based compensation is a standard component of executive remuneration packages.

Comparison to Industry Standards

• The use of 'sell-to-cover' or share withholding for tax obligations is a standard practice among S&P 400 and industrial peers like Timken or SKF.
• The vesting schedules disclosed are consistent with typical long-term incentive plans for C-suite executives.

Stakeholder Impact

• Minimal impact on shareholders as the transactions were mandatory tax withholdings rather than open-market sales.

Next Steps

• Future vesting of restricted stock units as per the disclosed schedule through 2029.

Key Dates

Keywords

RBC Bearings, RBC, Form 4, Insider Trading, Executive Compensation, Stock Withholding