Form 4: RBC Bearings INC: Officer John J. Feeney Reports Stock Transactions
SEC Form 4
RBC Bearings' Vice President and Secretary, John J. Feeney, reports the acquisition and disposal of common stock and derivative securities, including options, on August 30, 2024.
Summary
- On August 30, 2024, John J. Feeney, Vice President and Secretary of RBC Bearings INC, engaged in multiple transactions involving the company's common stock and options.
- Feeney acquired 40 shares of common stock at $135.53, 56 shares at $181.58, and 500 shares at $199.16, all through the exercise of options.
- He also disposed of 801 shares of common stock at $297.
- Following these transactions, Feeney directly owns 2,871 shares of common stock.
- Feeney also holds options to purchase common stock at various exercise prices and expiration dates, with varying vesting schedules.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for officers and directors to report transactions in their company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they reflect insider trading activity, which some investors may interpret as a signal about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/15/2023 | Date options to purchase common stock were granted. |
| 02/08/2024 | Date options to purchase common stock were granted. |
| 06/03/2022 | Date options to purchase common stock were granted. |
| 06/03/2023 | Date options to purchase common stock were granted. |
| 06/01/2024 | Date options to purchase common stock were granted. |
| 05/23/2025 | Date options to purchase common stock were granted. |
| 08/30/2024 | Date of the reported transactions: acquisition and disposal of common stock and derivative securities. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
| 02/08/2025 | Vesting date for a portion of restricted stock and options. |
| 06/03/2025 | Vesting date for a portion of restricted stock and options. |
| 06/01/2025 | Vesting date for a portion of restricted stock. |
| 05/23/2025 | Vesting date for a portion of restricted stock. |
| 02/08/2026 | Vesting date for a portion of restricted stock and options. |
| 06/03/2026 | Vesting date for a portion of restricted stock and options. |
| 06/01/2026 | Vesting date for a portion of restricted stock. |
| 05/23/2026 | Vesting date for a portion of restricted stock. |
| 06/03/2027 | Vesting date for a portion of restricted stock. |
| 06/01/2027 | Vesting date for a portion of restricted stock. |
| 05/23/2027 | Vesting date for a portion of restricted stock. |
| 06/01/2028 | Vesting date for a portion of restricted stock. |
| 05/23/2028 | Vesting date for a portion of restricted stock. |
| 02/08/2028 | Expiration date for options to purchase common stock. |
| 06/03/2028 | Expiration date for options to purchase common stock. |
| 05/23/2029 | Vesting date for a portion of restricted stock. |
| 06/03/2029 | Expiration date for options to purchase common stock. |
| 06/01/2030 | Expiration date for options to purchase common stock. |
| 05/23/2031 | Expiration date for options to purchase common stock. |
| 12/15/2025 | Expiration date for options to purchase common stock. |
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