Form 4: Regal Rexnord Corp Executive Acquires Additional Shares Through Dividend Reinvestment
SEC Form 4 Filing
Alexander P. Scarpelli, SVP, Corp. Controller and CAO of Regal Rexnord Corp, acquired additional common stock through dividend equivalent reinvestment.
Summary
- On April 14, 2025, Alexander P. Scarpelli, a Senior Vice President, Corporate Controller, and Chief Accounting Officer at Regal Rexnord Corp, acquired 7.728 shares of common stock.
- The acquisition was a result of dividend equivalent reinvestment at a price of $100.47 per share.
- Following the transaction, Scarpelli directly owns 3,509.049 shares of Regal Rexnord Corp common stock.
- Scarpelli also holds stock appreciation rights (SARs) that vest over time and are exercisable into common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares through dividend reinvestment indicates confidence in the company's future, but it's a routine transaction.
Positives
- The acquisition of shares through dividend reinvestment demonstrates the executive's continued investment in the company's stock.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Dividend reinvestment plans are a common way for executives to increase their stake in the company.
Comparison to Industry Standards
- Executive compensation packages often include stock options, restricted stock units, and stock appreciation rights to align management's interests with those of shareholders.
- Dividend reinvestment is a standard feature of many equity compensation plans, allowing executives to increase their holdings without additional cash outlay.
- The vesting schedules for the SARs are typical, with vesting occurring over several years to incentivize long-term performance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It signals continued alignment of executive interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock-settled Stock Appreciation Rights ('SARs') granted under the 2018 Equity Incentive Plan. |
| 02/23/2025 | Date of stock-settled SARs granted under the 2023 Omnibus Incentive Plan. |
| 04/14/2025 | Date of transaction: Acquisition of common stock through dividend reinvestment. |
| 04/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Insider Trading, Stock Appreciation Rights, Dividend Reinvestment, Regal Rexnord Corp, RRX, Scarpelli, Executive Compensation
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