Form 4: Regal Rexnord EVP Brooke Lang Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Brooke Lang, EVP and President of Power Efficiency Solutions at Regal Rexnord, disposed of 27 shares of common stock on April 3, 2024, to satisfy tax obligations.
Summary
- On April 3, 2024, Brooke Lang, an Executive Vice President and President of Power Efficiency Solutions at Regal Rexnord Corp, disposed of 27 shares of common stock.
- The transaction was executed at a price of $176.01 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Lang directly owns 3,912.434 shares of Regal Rexnord common stock.
- Lang also holds stock appreciation rights (SARs) that are settled in stock, granted under the 2018 Equity Incentive Plan, which vest over three years.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Brooke Lang, transact in their company's stock. These filings provide transparency into the trading activities of individuals with access to non-public information.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date stock appreciation rights were granted. |
| 04/03/2024 | Date of stock disposal. |
| 04/04/2024 | Date of signature on the Form 4 filing. |
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