Form 4: Regal Rexnord CEO Pinkham Boosts RSU Holdings
Insider Transaction Report
Regal Rexnord CEO Louis V. Pinkham acquired additional restricted stock units through a dividend reinvestment plan, increasing his beneficial ownership.
Summary
- Louis V. Pinkham, CEO and Director of Regal Rexnord Corp (RRX), acquired 75.4 shares of common stock on January 14, 2026, at a price of $155.29 per share.
- This acquisition represents additional restricted stock units (RSUs) credited under the dividend equivalent reinvestment provision of his existing RSU awards, resulting from a quarterly dividend payment.
- The newly acquired RSUs are subject to the same terms and conditions, including vesting, as the original outstanding RSU awards.
- Following this transaction, Mr. Pinkham beneficially owns 103,337.464 shares of common stock directly.
- He also holds various Stock Appreciation Rights (SARs) with different exercise prices and expiration dates, totaling 124,984 underlying shares, which vest over three years from their respective grant dates.
Sentiment
Score: 5
Explanation: The filing is a routine insider transaction (Form 4) detailing the acquisition of restricted stock units through dividend reinvestment and the status of Stock Appreciation Rights. It is neutral in sentiment as it reflects standard executive compensation practices rather than new strategic developments or financial performance.
Positives
- Increased beneficial ownership for the CEO, aligning management interests with shareholders.
- The acquisition of restricted stock units via dividend reinvestment indicates a routine, non-discretionary increase in equity holdings.
Future Outlook
The vesting schedules for the Stock Appreciation Rights indicate future exercisability over a three-year period from their respective grant dates, with 34% vesting on the first anniversary, 67% on the second, and 100% on the third anniversary of their respective grant dates.
Industry Context
This routine insider transaction, involving the acquisition of restricted stock units through dividend reinvestment, is a standard practice for executive compensation and equity alignment. It does not inherently reflect broader industry trends but rather the company's specific compensation structure and dividend policy.
Stakeholder Impact
- Shareholders: Increased alignment of CEO's interests with shareholders through higher equity ownership.
Next Steps
- The acquired restricted stock units will vest according to the terms and conditions of the original awards.
- The Stock Appreciation Rights will continue to vest, with 34% on the first anniversary, 67% on the second, and 100% on the third anniversary of their respective grant dates.
Key Dates
| Date | Description |
|---|---|
| 02/23/2022 | Grant date for Stock Appreciation Rights with an exercise price of $133.77, expiring 02/23/2031. |
| 02/23/2023 | Grant date for Stock Appreciation Rights with an exercise price of $151.27, expiring 02/23/2032. |
| 02/23/2024 | Grant date for Stock Appreciation Rights with an exercise price of $154.20, expiring 02/23/2033. |
| 02/23/2025 | Grant date for Stock Appreciation Rights with an exercise price of $168.47, expiring 02/23/2034. |
| 01/14/2026 | Transaction date for the acquisition of 75.4 common stock shares via dividend reinvestment. |
| 01/16/2026 | Signature date of the reporting person's power of attorney. |
Keywords
Regal Rexnord, RRX, Louis V. Pinkham, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Appreciation Rights, SAR, Dividend Reinvestment, Executive Compensation, Beneficial Ownership
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