Form 4: Regal Rexnord CFO Robert Rehard Acquires Additional Shares Through Dividend Reinvestment
SEC Form 4 Filing
Regal Rexnord's CFO, Robert Rehard, acquired 13,274 shares of common stock through dividend equivalent reinvestment, increasing his direct holdings to 33,421.223 shares.
Summary
- Robert Rehard, the Executive Vice President and CFO of Regal Rexnord Corp, acquired 13,274 shares of common stock on January 14, 2025.
- The shares were acquired through the dividend equivalent reinvestment provision of his outstanding restricted stock unit awards.
- The price per share was $155.41.
- This transaction increased his direct holdings to 33,421.223 shares.
- Mr. Rehard also holds various stock appreciation rights (SARs) that vest over time and are exercisable at different prices.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction of an executive increasing their stake in the company, which is generally viewed positively. There are no indications of negative sentiment.
Positives
- The acquisition of shares through dividend reinvestment demonstrates the CFO's continued investment in the company.
- The increase in direct share ownership aligns the CFO's interests with those of other shareholders.
Industry Context
This filing is a routine disclosure of insider transactions and is typical for publicly traded companies. It provides transparency into the holdings of key executives.
Comparison to Industry Standards
- Executive stock ownership and stock-based compensation are common practices across publicly traded companies, particularly in the industrial sector.
- The vesting schedules for the stock appreciation rights are typical, with vesting occurring over several years to incentivize long-term performance.
- Companies like Rockwell Automation (ROK) and Emerson Electric (EMR) also utilize stock-based compensation for their executives, with similar vesting schedules and performance-based metrics.
Stakeholder Impact
- The increased share ownership by the CFO may be viewed positively by shareholders, as it aligns management's interests with their own.
- The transaction has no direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Grant date of stock appreciation rights with an exercise price of $76.99. |
| 05/09/2020 | Grant date of stock appreciation rights with an exercise price of $74.04. |
| 05/08/2021 | Grant date of stock appreciation rights with an exercise price of $78.05. |
| 02/18/2021 | Grant date of stock appreciation rights with an exercise price of $84.39. |
| 02/23/2022 | Grant date of stock appreciation rights with an exercise price of $133.77. |
| 02/23/2023 | Grant date of stock appreciation rights with an exercise price of $151.27. |
| 02/23/2024 | Grant date of stock appreciation rights with an exercise price of $154.20. |
| 01/14/2025 | Date of common stock acquisition through dividend reinvestment. |
| 02/23/2025 | Grant date of stock appreciation rights with an exercise price of $168.47. |
| 01/16/2025 | Date of filing of the Form 4. |
Keywords
Regal Rexnord, Robert Rehard, CFO, stock acquisition, dividend reinvestment, stock appreciation rights, share ownership, executive compensation
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