Form 4: Regal Rexnord Executive Discloses Common Stock Disposition for Tax Obligations
Insider Transaction Report
Alexander P. Scarpelli, SVP, Corporate Controller and CAO of Regal Rexnord Corp., reported the disposition of 196 shares of common stock to satisfy tax withholding obligations.
Summary
- Alexander P. Scarpelli, Senior Vice President, Corporate Controller, and Chief Accounting Officer of Regal Rexnord Corp. (RRX), reported a transaction on June 9, 2025.
- The transaction involved the disposition of 196 shares of Common Stock at a price of $142.09 per share.
- This disposition was marked with transaction code 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
- Following this transaction, Mr. Scarpelli beneficially owns 3,283.049 shares of Common Stock directly.
- The filing also details holdings of Stock Appreciation Rights (SARs): 1,193 SARs with an exercise price of $168.47, exercisable from February 23, 2025, and expiring February 23, 2034; and 1,015 SARs with an exercise price of $154.20, exercisable from February 23, 2024, and expiring February 23, 2033.
- The Stock Appreciation Rights vest and become exercisable 34% on the first anniversary, 33% on the second anniversary, and 33% on the third anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document reports a routine insider transaction (disposition for tax purposes), which is generally neutral in sentiment. It does not indicate a change in company fundamentals or strategic direction.
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership due to tax-related disposition, which is a common and generally neutral event.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date when 1,015 Stock Appreciation Rights became exercisable. |
| 02/23/2025 | Date when 1,193 Stock Appreciation Rights became exercisable. |
| 06/09/2025 | Date of common stock disposition by Alexander P. Scarpelli. |
| 06/10/2025 | Date of filing of the Form 4. |
| 02/23/2033 | Expiration date for 1,015 Stock Appreciation Rights. |
| 02/23/2034 | Expiration date for 1,193 Stock Appreciation Rights. |
Keywords
Regal Rexnord Corp, RRX, Form 4, insider transaction, stock disposition, tax withholding, Alexander P. Scarpelli, Stock Appreciation Rights, common stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.