Form 4: Regal Rexnord Corp Executive Timothy Dickson Acquires Shares and Stock Appreciation Rights

Timothy A. Dickson, SVP & Chief Digital & Information Officer of Regal Rexnord Corp, reports acquisition of common stock and stock appreciation rights.

Summary

• On July 12, 2024, Timothy A. Dickson, SVP & Chief Digital & Information Officer of Regal Rexnord Corp, acquired 10.987 shares of common stock at $145.53 per share.
• This acquisition increased his direct holdings to 3,538.099 shares.
• Dickson was also granted 1,392 stock-settled Stock Appreciation Rights (SARs) under the 2023 Omnibus Incentive Plan with an exercise price of $168.47.
• The SARs vest in three tranches: 34% on February 23, 2025, 67% on February 23, 2026, and 100% on February 23, 2027, and expire on February 23, 2034.
• The acquisition of common stock was a result of dividend equivalent reinvestment from outstanding restricted stock unit awards.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of insider transactions. The acquisition of shares and granting of SARs are generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.
• The granting of stock appreciation rights incentivizes the executive to improve the company's stock performance.

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 and their holdings in the company's stock.

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.
• The vesting schedule for the SARs is typical, with vesting occurring over a period of several years.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding executive compensation and ownership.
• The executive's increased stake in the company aligns his interests with those of shareholders.

Key Dates