Form 4: Regal Rexnord Corp: Officer Dickson Timothy A. Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Timothy A. Dickson, SVP & Chief Digital & Information Officer of Regal Rexnord Corp, reports the disposal of 328 shares of common stock to cover tax obligations.

Summary

  • On October 9, 2024, Timothy A. Dickson, SVP & Chief Digital & Information Officer of Regal Rexnord Corp, disposed of 328 shares of common stock.
  • The transaction was executed at a price of $166.77 per share.
  • This disposal was likely to cover tax obligations related to the vesting of stock appreciation rights.
  • Following the transaction, Dickson directly owns 3,210.099 shares of Regal Rexnord Corp.
  • Dickson also holds 1,392 stock appreciation rights (SARs) which vest over three years, starting February 23, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction by a company officer. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates activity by a senior officer at Regal Rexnord Corp.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on shareholders, as it is a relatively small number of shares being disposed of by a single officer.

Key Dates

DateDescription
10/09/2024Date of stock disposal transaction
02/23/2025First vesting date (34%) for Stock Appreciation Rights
02/23/2034Expiration date for Stock Appreciation Rights

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