Form 4: Regal Rexnord EVP Jerrald R. Morton Reports Stock Transactions
SEC Form 4
EVP and President of IPS at Regal Rexnord, Jerrald R. Morton, reports acquisition and disposal of common stock and stock appreciation rights.
Summary
- Jerrald R. Morton, an EVP at Regal Rexnord Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 23, 2024, Morton acquired 1,929 shares of common stock and 3,030 shares of common stock at $0.
- On the same day, Morton disposed of 713 shares and 1,142 shares of common stock at $168.47.
- Following these transactions, Morton directly owns 18,987.616 shares of common stock.
- Morton also acquired 5,171 stock appreciation rights (SARs) with an exercise price of $168.47, exercisable from February 23, 2025, to February 23, 2034.
- Morton holds various other SARs granted in previous years with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by an executive, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Date of SARs grant under the 2013 Equity Incentive Plan. |
| 05/09/2020 | Date of SARs grant under the 2018 Equity Incentive Plan. |
| 05/08/2021 | Date of SARs grant under the 2018 Equity Incentive Plan. |
| 02/18/2021 | Date of SARs grant under the 2018 Equity Incentive Plan. |
| 02/23/2022 | Date of SARs grant under the 2018 Equity Incentive Plan. |
| 02/23/2023 | Date of SARs grant under the 2018 Equity Incentive Plan. |
| 12/31/2023 | Performance period end date for performance share units. |
| 02/23/2024 | Date of the reported transactions (stock acquisition and disposal, SARs acquisition). |
| 02/27/2024 | Date of signature for the Form 4 filing. |
| 02/23/2025 | First possible exercise date for some of the SARs. |
| 05/10/2027 | Expiration date for some of the SARs. |
| 05/09/2028 | Expiration date for some of the SARs. |
| 05/08/2029 | Expiration date for some of the SARs. |
| 02/18/2030 | Expiration date for some of the SARs. |
| 02/23/2031 | Expiration date for some of the SARs. |
| 02/23/2032 | Expiration date for some of the SARs. |
| 02/23/2033 | Expiration date for some of the SARs. |
| 02/23/2034 | Expiration date for some of the SARs. |
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