Form 4: Regal Rexnord Corp Executive Jerrald R. Morton Reports Acquisition of Common Stock
SEC Form 4 Filing
EVP and President of Industrial Powertrain Solutions at Regal Rexnord Corp, Jerrald R. Morton, reports acquiring additional common stock through dividend equivalent reinvestment.
Summary
- On April 14, 2025, Jerrald R. Morton, an Executive Vice President and President of Industrial Powertrain Solutions at Regal Rexnord Corp, acquired 21.296 shares of common stock at a price of $100.47 per share.
- This acquisition was a result of dividend equivalent reinvestment related to outstanding restricted stock unit awards.
- Following the transaction, Morton directly owns 23,986.159 shares of Regal Rexnord Corp common stock.
- Morton also holds various stock appreciation rights (SARs) that are exercisable at different dates and prices, with expiration dates ranging from 2027 to 2034.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares through dividend reinvestment indicates a continued investment in the company by an executive, which can be viewed favorably. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.
Positives
- The acquisition of shares through dividend reinvestment demonstrates Morton's continued investment in the company's stock.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives, ensuring compliance with SEC regulations.
- Similar filings are made by executives at comparable companies like Rockwell Automation, ABB, and Siemens, detailing their transactions in company stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it reflects confidence from a company executive.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Date when some Stock Appreciation Rights become exercisable |
| 05/09/2020 | Date when some Stock Appreciation Rights become exercisable |
| 05/08/2021 | Date when some Stock Appreciation Rights become exercisable |
| 02/18/2021 | Date when some Stock Appreciation Rights become exercisable |
| 02/23/2022 | Date when some Stock Appreciation Rights become exercisable |
| 02/23/2023 | Date when some Stock Appreciation Rights become exercisable |
| 02/23/2024 | Date when some Stock Appreciation Rights become exercisable |
| 02/23/2025 | Date when some Stock Appreciation Rights become exercisable |
| 04/14/2025 | Date of common stock acquisition |
| 04/16/2025 | Date of signature |
| 05/10/2027 | Expiration date of some Stock Appreciation Rights |
| 05/09/2028 | Expiration date of some Stock Appreciation Rights |
| 05/08/2029 | Expiration date of some Stock Appreciation Rights |
| 02/18/2030 | Expiration date of some Stock Appreciation Rights |
| 02/23/2031 | Expiration date of some Stock Appreciation Rights |
| 02/23/2032 | Expiration date of some Stock Appreciation Rights |
| 02/23/2033 | Expiration date of some Stock Appreciation Rights |
| 02/23/2034 | Expiration date of some Stock Appreciation Rights |
Keywords
Regal Rexnord Corp, Jerrald R. Morton, Form 4, Beneficial Ownership, Common Stock, Stock Appreciation Rights, Dividend Reinvestment, Insider Trading
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