Form 4: Regal Rexnord EVP Cheryl Lewis Reports Acquisition of Common Stock
SEC Form 4
Cheryl Lewis, EVP and Chief HR Officer of Regal Rexnord Corp, reports acquiring additional common stock through dividend equivalent reinvestment.
Summary
- On April 14, 2025, Cheryl Lewis, EVP and Chief HR Officer of Regal Rexnord Corp, acquired 14.12 shares of common stock at a price of $100.47.
- This acquisition was due to the dividend equivalent reinvestment provision of her outstanding restricted stock unit awards.
- Following the transaction, Lewis directly owns 13,190.076 shares of Regal Rexnord Corp common stock.
- Lewis also holds stock appreciation rights (SARs) granted under the 2018 and 2023 Equity Incentive Plans, which vest over three years.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The filing reflects standard executive compensation practices and insider investment in the company, which is generally viewed favorably.
Positives
- The acquisition of shares through dividend reinvestment demonstrates Lewis's continued investment in the company.
Future Outlook
The document does not contain explicit forward-looking statements, but it details ongoing equity-based compensation for the reporting person.
Industry Context
Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in company stock. This filing indicates continued equity ownership by a key executive.
Comparison to Industry Standards
- Equity compensation and stock ownership are common practices among executives in publicly traded companies like Regal Rexnord.
- Companies such as General Electric, Siemens, and ABB also utilize stock appreciation rights and restricted stock units as part of their executive compensation packages.
- The vesting schedules and terms of the SARs are typical for executive compensation plans.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
- It signals confidence from a key executive in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/02/2021 | Grant date of Stock Appreciation Rights with an exercise price of $77.18, expiring on 03/02/2030, vesting over three years. |
| 02/23/2022 | Grant date of Stock Appreciation Rights with an exercise price of $133.77, expiring on 02/23/2031, vesting over three years. |
| 02/23/2023 | Grant date of Stock Appreciation Rights with an exercise price of $151.27, expiring on 02/23/2032, vesting over three years. |
| 02/23/2024 | Grant date of Stock Appreciation Rights with an exercise price of $154.2, expiring on 02/23/2033, vesting over three years. |
| 02/23/2025 | Grant date of Stock Appreciation Rights with an exercise price of $168.47, expiring on 02/23/2034, vesting over three years. |
| 04/14/2025 | Date of transaction where Cheryl Lewis acquired 14.12 shares of common stock at $100.47 per share through dividend reinvestment. |
| 04/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Regal Rexnord Corp, Cheryl Lewis, Form 4, Stock Appreciation Rights, Dividend Reinvestment, Common Stock, Beneficial Ownership
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