Form 4: Regal Rexnord Executive Acquires Additional Shares Through Dividend Reinvestment
Insider Transaction Report
Regal Rexnord Corp. EVP and President of Industrial Powertrain Solutions, Jerrald R. Morton, acquired 14.673 common shares through a dividend equivalent reinvestment, increasing his direct beneficial ownership to 24,000.832 shares.
Summary
- Jerrald R. Morton, Executive Vice President and President of Industrial Powertrain Solutions at Regal Rexnord Corp. (RRX), acquired 14.673 shares of common stock.
- The acquisition occurred on July 14, 2025, at a price of $146.33 per share.
- These shares represent additional restricted stock units credited to Mr. Morton under the dividend equivalent reinvestment provision of his outstanding restricted stock unit awards, resulting from a quarterly dividend payment.
- The newly acquired restricted stock units are subject to the same terms and conditions, including vesting, as the outstanding awards to which they are attributable.
- Following this transaction, Mr. Morton directly beneficially owns 24,000.832 shares of common stock.
- Mr. Morton also holds various Stock Appreciation Rights (SARs) with exercise prices ranging from $74.04 to $168.47, and expiration dates extending to February 23, 2034.
- SARs granted from 2019 to 2021 vest 40% on the second anniversary, 60% on the third, 80% on the fourth, and 100% on the fifth anniversary of the grant date.
- SARs granted from 2021 to 2025 vest 34% on the first anniversary, 67% on the second, and 100% on the third anniversary of the grant date.
Sentiment
Score: 5
Explanation: Neutral. This is a routine disclosure of an insider transaction related to executive compensation and dividend reinvestment, which does not inherently indicate positive or negative sentiment about the company's performance or outlook.
Future Outlook
The document does not provide a future outlook or guidance.
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation and dividend reinvestment, which is a common occurrence across publicly traded companies. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The transaction reflects a minor increase in insider ownership, which is a routine part of executive compensation and dividend policies. It does not significantly alter the overall ownership structure or control.
Next Steps
- The acquired restricted stock units will continue to vest according to the terms and conditions of the original outstanding awards.
- The Stock Appreciation Rights will continue to vest and become exercisable based on their respective schedules.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Grant date for Stock Appreciation Rights with an exercise price of $76.99, expiring 05/10/2027. |
| 05/09/2020 | Grant date for Stock Appreciation Rights with an exercise price of $74.04, expiring 05/09/2028. |
| 02/18/2021 | Grant date for Stock Appreciation Rights with an exercise price of $84.39, expiring 02/18/2030. |
| 05/08/2021 | Grant date for Stock Appreciation Rights with an exercise price of $78.05, expiring 05/08/2029. |
| 02/23/2022 | Grant date for Stock Appreciation Rights with an exercise price of $133.77, expiring 02/23/2031. |
| 02/23/2023 | Grant date for Stock Appreciation Rights with an exercise price of $151.27, expiring 02/23/2032. |
| 02/23/2024 | Grant date for Stock Appreciation Rights with an exercise price of $154.20, expiring 02/23/2033. |
| 02/23/2025 | Grant date for Stock Appreciation Rights with an exercise price of $168.47, expiring 02/23/2034. |
| 07/14/2025 | Date of acquisition of 14.673 common shares by Jerrald R. Morton through dividend equivalent reinvestment. |
| 07/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Regal Rexnord, RRX, SEC Form 4, Insider Transaction, Restricted Stock Units, Dividend Reinvestment, Stock Appreciation Rights, Executive Compensation, Corporate Governance
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