Form 4: RBC Bearings INC: Officer Daniel A. Bergeron Reports Stock Transactions
SEC Form 4
Daniel A. Bergeron, Vice President and COO of RBC Bearings INC, reports the acquisition and disposal of common stock and options.
Summary
- On November 11, 2024, Daniel A. Bergeron, Vice President and COO of RBC Bearings INC, reported transactions involving the company's common stock.
- Bergeron exercised options to purchase 17,500 shares of common stock at a price of $132.12.
- Simultaneously, Bergeron disposed of 17,500 shares of common stock at a price of $320.6363.
- Following these transactions, Bergeron directly owns 111,408 shares of common stock.
- Bergeron also holds options to purchase additional shares of common stock at various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company officer.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 06/07/2019 | Date of option grant for 17,500 shares at $132.12, expiring 06/07/2025 |
| 06/03/2020 | Date of option grant for 35,000 shares at $143.92, expiring 06/03/2026 |
| 06/02/2021 | Date of option grant for 20,743 shares at $137.44, expiring 06/02/2027 |
| 06/03/2022 | Date of option grant for 35,000 shares at $199.16, expiring 06/03/2028 |
| 11/11/2024 | Date of transaction: Exercise of options and sale of common stock |
| 11/12/2024 | Date of signature on the Form 4 filing |
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