Form 4: Regal Rexnord Executive Acquires Shares Through Dividend Reinvestment
SEC Form 4 Filing
Jerrald R. Morton, an EVP at Regal Rexnord, acquired 8,206 shares of common stock through dividend reinvestment.
Summary
- Jerrald R. Morton, an Executive Vice President at Regal Rexnord, has reported a transaction involving the acquisition of 8,206 shares of common stock.
- The shares were acquired on January 14, 2025, at a price of $155.41 per share.
- This acquisition was a result of dividend equivalent reinvestment related to outstanding restricted stock unit awards.
- The newly acquired shares are subject to the same vesting terms as the original restricted stock units.
- The document also details Mr. Morton's holdings of stock appreciation rights (SARs) granted under various equity incentive plans, with different vesting schedules and expiration dates.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction and does not indicate any significant positive or negative sentiment. The executive's continued investment through dividend reinvestment is a positive sign.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the executive.
- The vesting schedules of the SARs provide long-term incentives for the executive.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the holdings and activities of company executives.
Comparison to Industry Standards
- The vesting schedules for the stock appreciation rights are typical for executive compensation packages in publicly traded companies.
- The use of stock appreciation rights and restricted stock units is a common practice to align executive interests with shareholder value.
- The dividend reinvestment is a standard mechanism for executives to increase their stake in the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows continued investment by an executive.
- The vesting schedules of the SARs align executive interests with long-term shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/10/2019 | Grant date of stock appreciation rights with a 2027 expiration. |
| 05/09/2020 | Grant date of stock appreciation rights with a 2028 expiration. |
| 05/08/2021 | Grant date of stock appreciation rights with a 2029 expiration. |
| 02/18/2021 | Grant date of stock appreciation rights with a 2030 expiration. |
| 02/23/2022 | Grant date of stock appreciation rights with a 2031 expiration. |
| 02/23/2023 | Grant date of stock appreciation rights with a 2032 expiration. |
| 02/23/2024 | Grant date of stock appreciation rights with a 2033 expiration. |
| 01/14/2025 | Date of common stock acquisition through dividend reinvestment. |
| 02/23/2025 | Grant date of stock appreciation rights with a 2034 expiration. |
| 01/16/2025 | Date of signature of the form. |
Keywords
Regal Rexnord, stock acquisition, dividend reinvestment, stock appreciation rights, executive compensation, insider trading, equity incentive plan, restricted stock units
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