Form 4: Regal Rexnord Corp Executive Acquires Shares and Stock Appreciation Rights
SEC Form 4
Hugo Dubovoy Jr., EVP, General Counsel & Secretary of Regal Rexnord Corp, reports acquisition of common stock and stock appreciation rights.
Summary
- On April 14, 2025, Hugo Dubovoy Jr., EVP, General Counsel & Secretary of Regal Rexnord Corp, acquired 22.877 shares of common stock at $100.47 per share.
- This acquisition was due to dividend equivalent reinvestment.
- Dubovoy also holds 2,653 stock-settled Stock Appreciation Rights (SARs) granted under the 2023 Omnibus Incentive Plan on April 1, 2025, with an exercise price of $176.01.
- The SARs vest in three tranches: 34% on the first anniversary, 67% on the second anniversary, and 100% on the third anniversary of the grant date.
- Following these transactions, Dubovoy beneficially owns 7,486.77 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects routine insider transactions related to compensation and dividend reinvestment, without any clear positive or negative implications for the company's outlook.
Positives
- The acquisition of shares through dividend reinvestment indicates confidence in the company's future performance.
- The vesting schedule of the SARs incentivizes long-term performance and retention of the executive.
Future Outlook
The document does not contain specific forward-looking statements, but the vesting schedule of the SARs suggests a focus on long-term performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions can be influenced by factors such as company performance, executive compensation plans, and personal financial planning.
Comparison to Industry Standards
- Stock Appreciation Rights are a common form of executive compensation, often used by companies similar to Regal Rexnord Corp to align executive interests with shareholder value.
- The vesting schedule of the SARs is typical, with vesting occurring over a three-year period.
- Dividend reinvestment programs are also common, allowing shareholders, including executives, to increase their holdings in the company.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholders by aligning executive interests with company performance.
- Employees may view the executive's stock ownership as a sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Grant date of Stock Appreciation Rights (SARs) |
| 04/14/2025 | Date of common stock acquisition via dividend reinvestment |
| 04/16/2025 | Date of Form 4 filing |
Keywords
Regal Rexnord Corp, RRX, Hugo Dubovoy Jr., Stock Appreciation Rights, SARs, Dividend Reinvestment, Beneficial Ownership, Form 4, Executive Compensation
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