Form 4: Regal Rexnord EVP Brooke Lang Reports Stock Transactions

EVP and President of Power Efficiency Solutions at Regal Rexnord, Brooke Lang, reports acquisition and disposal of common stock and stock appreciation rights.

Summary

• On February 23, 2024, Brooke Lang, EVP and President of Power Efficiency Solutions at Regal Rexnord, reported transactions involving the company's stock.
• Lang acquired 1,113 shares of common stock at $0, resulting in a holding of 3,979.434 shares.
• Lang disposed of 40 shares of common stock at $168.47, resulting in a holding of 3,939.434 shares.
• Lang also acquired 2,983 stock appreciation rights (SARs) with an exercise price of $168.47, expiring on February 23, 2034.
• These SARs are stock-settled and vest over three years.
• Lang also has 969 SARs with an exercise price of $154.2 expiring on February 23, 2033.
• The transactions were reported on Form 4, filed with the SEC on February 27, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions 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 schedules for the RSUs and SARs (34% on the first anniversary, 67% on the second, and 100% on the third) are fairly standard in the industry.
• Comparing the size and terms of these grants to those of executives at similar companies (e.g., Rockwell Automation, Emerson Electric) would provide a better understanding of whether they are in line with industry norms.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly diluting the stock or signaling management's confidence (or lack thereof) in the company's future performance.

Key Dates