Form 4: RBC Bearings INC: Officer John J. Feeney Reports Stock Transaction
SEC Form 4 Filing
John J. Feeney, Vice President and Secretary of RBC Bearings INC, reports the withholding of 126 common stock shares to cover tax liabilities related to vesting restricted stock on June 3, 2024, leaving him with 3,077 shares beneficially owned.
Summary
- On June 3, 2024, John J. Feeney, Vice President and Secretary of RBC Bearings INC, had 126 shares of common stock withheld by the company to cover tax liabilities related to the vesting of restricted stock.
- The price per share for the transaction was $295.28.
- Following the transaction, Feeney beneficially owns 3,077 shares of common stock, which includes 1,180 shares of restricted stock vesting over several years.
- Feeney also holds options to purchase common stock at various prices and vesting schedules.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing 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 stock transactions. It does not contain any information that would be considered outside of the ordinary course of business.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of stock transaction (shares withheld for tax liability). |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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