Pinkham Louis V. 4
4 · REGAL REXNORD CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Regal Rexnord (RRX) CEO Louis Pinkham Exercises Options and Sells Shares
What Happened
Louis V. Pinkham, CEO of Regal Rexnord (RRX), exercised stock derivatives on Feb 9, 2026 to acquire a total of 96,125 shares (four exercises). He paid exercise prices totaling about $14.18M. To cover taxes/consideration and for liquidity, 79,397 shares were surrendered/withheld for tax/exercise payment (valued at about $17.20M) and an additional 36,728 shares were sold in open-market transactions for roughly $7.92M. The filing also shows corresponding derivative dispositions of 96,125 shares at $0, reflecting share delivery/settlement related to the exercises.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (filed within normal Form 4 timing).
- Options/derivative exercises acquired: 33,374 @ $133.77 ($4,464,440); 32,723 @ $151.27 ($4,950,008); 20,318 @ $154.20 ($3,133,036); 9,710 @ $168.47 ($1,635,844). Total paid ≈ $14,183,328 for 96,125 shares.
- Withholding/payment: 79,397 shares withheld/used to pay exercise/tax obligation at $216.59 = $17,196,596 (listed as “Payment of exercise price or tax liability (F)”).
- Open-market sales: 36,728 shares sold across multiple trades, aggregate proceeds ≈ $7,915,600 (prices ranged roughly $210–$218; see footnotes F1–F8 for exact ranges).
- Footnote F9: mentions SAR (Stock Appreciation Rights) vesting schedule (34%/67%/100% over three years) — indicates some reported derivatives relate to SARs.
- Shares owned after transaction: not specified in the excerpt provided.
- Transaction codes: M = exercise/conversion of derivative, F = payment of exercise price/tax withholding, S = open-market sale.
Context
- This was primarily an exercise of derivatives followed by share withholding and market sales to cover taxes/raise proceeds — a common, routine post-exercise activity rather than an outright open-market purchase.
- The filing includes weighted-average sale prices and footnote ranges; the filer notes they can provide the exact breakdown of shares sold at each price on request.
- These kinds of transactions are typically administrative (exercise + tax withholding + partial sale). They show insiders realizing value from vested awards but do not, by themselves, indicate a change in company outlook.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-09$133.77/sh+33,374$4,464,440→ 136,711.464 total - Exercise/Conversion
Common Stock
2026-02-09$151.27/sh+32,723$4,950,008→ 169,434.464 total - Exercise/Conversion
Common Stock
2026-02-09$154.20/sh+20,318$3,133,036→ 189,752.464 total - Exercise/Conversion
Common Stock
2026-02-09$168.47/sh+9,710$1,635,844→ 199,462.464 total - Tax Payment
Common Stock
2026-02-09$216.59/sh−79,397$17,196,596→ 120,065.464 total - Sale
Common Stock
[F1]2026-02-09$210.63/sh−1,061$223,478→ 119,004.464 total - Sale
Common Stock
[F2]2026-02-09$211.80/sh−2,004$424,447→ 117,000.464 total - Sale
Common Stock
[F3]2026-02-09$212.39/sh−1,287$273,346→ 115,713.464 total - Sale
Common Stock
[F4]2026-02-09$213.73/sh−6,103$1,304,394→ 109,610.464 total - Sale
Common Stock
[F5]2026-02-09$214.48/sh−2,571$551,428→ 107,039.464 total - Sale
Common Stock
[F6]2026-02-09$215.87/sh−6,839$1,476,335→ 100,200.464 total - Sale
Common Stock
[F7]2026-02-09$216.84/sh−10,852$2,353,148→ 89,348.464 total - Sale
Common Stock
[F8]2026-02-09$217.76/sh−5,911$1,287,179→ 83,437.464 total - Sale
Common Stock
2026-02-09$218.45/sh−100$21,845→ 83,337.464 total - Exercise/Conversion
Stock Appreciation Rights
[F9]2026-02-09−33,374→ 0 totalExercise: $133.77From: 2022-02-23Exp: 2031-02-23→ Common Stock (33,374 underlying) - Exercise/Conversion
Stock Appreciation Rights
[F9]2026-02-09−32,723→ 0 totalExercise: $151.27From: 2023-02-23Exp: 2032-02-23→ Common Stock (32,723 underlying) - Exercise/Conversion
Stock Appreciation Rights
[F9]2026-02-09−20,318→ 10,009 totalExercise: $154.20From: 2024-02-23Exp: 2033-02-23→ Common Stock (20,318 underlying) - Exercise/Conversion
Stock Appreciation Rights
[F9]2026-02-09−9,710→ 18,850 totalExercise: $168.47From: 2025-02-23Exp: 2034-02-23→ Common Stock (9,710 underlying)
Footnotes (9)
- [F1]The price in Column 4 is a weighted average price. The prices actually received ranged from $210.08 to $211.07. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F2]The price in Column 4 is a weighted average price. The prices actually received ranged from $211.09 to $211.92. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F3]The price in Column 4 is a weighted average price. The prices actually received ranged from $212.14 to $213.01. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F4]The price in Column 4 is a weighted average price. The prices actually received ranged from $213.17 to $214.12. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F5]The price in Column 4 is a weighted average price. The prices actually received ranged from $214.20 to $215.01. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F6]The price in Column 4 is a weighted average price. The prices actually received ranged from $215.28 to $216.21. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F7]The price in Column 4 is a weighted average price. The prices actually received ranged from $216.30 to $217.30. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F8]The price in Column 4 is a weighted average price. The prices actually received ranged from $217.31 to $218.19. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F9]The Stock Appreciation Rights vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.