Form 4: Regal Rexnord EVP Kevin J. Zaba Reports Stock Transactions
SEC Form 4 Filing
EVP and President of Automation and Motion Control at Regal Rexnord, Kevin J. Zaba, reports acquisition and disposal of common stock and stock appreciation rights.
Summary
- Kevin J. Zaba, EVP and President of Automation and Motion Control at Regal Rexnord, filed a Form 4 detailing changes in beneficial ownership.
- On February 23, 2024, Zaba acquired 2,226 shares of common stock and disposed of 442 shares.
- Following these transactions, Zaba directly owns 20,354.569 shares of common stock.
- Zaba also acquired 5,967 stock appreciation rights (SARs) with an exercise price of $168.47, expiring on February 23, 2034.
- The filing also lists existing SARs and stock options held by Zaba.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing (Form 4) detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The reported transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Date related to existing Stock Appreciation Rights |
| 02/23/2024 | Date of the reported transactions: acquisition and disposal of common stock and acquisition of stock appreciation rights. |
| 02/23/2025 | Date related to Stock Appreciation Rights |
| 02/23/2032 | Expiration date of existing Stock Appreciation Rights |
| 02/23/2033 | Expiration date of existing Stock Appreciation Rights |
| 02/23/2034 | Expiration date of newly acquired Stock Appreciation Rights |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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