Form 4: Regal Rexnord CEO Louis V. Pinkham Exercises Stock Appreciation Rights and Sells Shares
SEC Form 4
CEO Louis V. Pinkham exercised stock appreciation rights and sold shares of Regal Rexnord Corp. on May 15, 2025, for tax and estate planning purposes.
Summary
- On May 15, 2025, Louis V. Pinkham, CEO of Regal Rexnord Corp., exercised stock appreciation rights (SARs) expiring on February 18, 2030.
- This transaction involved the acquisition of 47,511 shares at a price of $84.39.
- Following the exercise, Pinkham sold 7,866 shares at a weighted average price of $140.124 (ranging from $139.750 to $140.480) and 2,727 shares at a weighted average price of $140.942 (ranging from $140.825 to $141.025).
- Additionally, 36,918 shares were withheld to cover the SARs' exercise price and applicable taxes.
- After these transactions, Pinkham beneficially owns 139,035.831 shares of Regal Rexnord Corp.
- The sales were conducted for tax and estate planning purposes.
Sentiment
Score: 5
Explanation: This is a routine Form 4 filing, indicating normal executive compensation activity. It doesn't inherently suggest positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation packages and personal financial planning.
Stakeholder Impact
- The sale of shares by the CEO could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction relative to the CEO's total holdings.
Key Dates
| Date | Description |
|---|---|
| 02/18/2021 | Date of original grant for some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2022 | Date of original grant for some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2023 | Date of original grant for some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2024 | Date of original grant for some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2025 | Date of original grant for some of the Stock Appreciation Rights (SARs) that were exercised. |
| 05/15/2025 | Date of transaction: CEO exercised SARs and sold shares. |
| 05/16/2025 | Date of Form 4 filing. |
| 02/18/2030 | Expiration date of some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2031 | Expiration date of some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2032 | Expiration date of some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2033 | Expiration date of some of the Stock Appreciation Rights (SARs) that were exercised. |
| 02/23/2034 | Expiration date of some of the Stock Appreciation Rights (SARs) that were exercised. |
Keywords
Stock Appreciation Rights, SARs, Form 4, Beneficial Ownership, Regal Rexnord Corp, RRX, Louis V. Pinkham, Executive Compensation, Insider Trading
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