Form 4: Regal Rexnord Corp Executive Hugo Dubovoy Jr. Reports Stock Transaction
SEC Form 4 Filing
Hugo Dubovoy Jr., EVP, General Counsel & Secretary of Regal Rexnord Corp, reports a disposition of common stock to cover tax obligations related to stock appreciation rights.
Summary
- On March 12, 2025, Hugo Dubovoy Jr., EVP, General Counsel & Secretary of Regal Rexnord Corp [RRX], reported a transaction involving the disposition of 410 shares of common stock.
- The shares were disposed of at a price of $118.51 per share.
- This transaction was to cover tax obligations related to stock appreciation rights.
- Following the transaction, Dubovoy directly owns 7,563.893 shares of Regal Rexnord Corp.
- Dubovoy also holds 2,653 Stock Appreciation Rights (SARs) which were granted under the 2023 Omnibus Incentive Plan and vest over three years.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction; it doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Hugo Dubovoy Jr., transact in their company's stock; it provides transparency to investors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock transaction (disposal of shares). |
| 03/13/2025 | Date of signature on the Form 4 filing. |
| 04/01/2025 | Date when Stock Appreciation Rights become exercisable (first tranche). |
| 04/01/2034 | Expiration date of Stock Appreciation Rights. |
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