Lang Brooke 4
Research Summary
AI-generated summary
Regal Rexnord EVP Brooke Lang Surrenders 32 Shares for Taxes
What Happened
Brooke Lang, Executive Vice President and President, Power Efficiency Solutions at Regal Rexnord (RRX), disposed of 32 shares on 2026-04-01 to satisfy a tax liability tied to equity compensation. The shares were recorded at $191.38 each, for a total of $6,124. This transaction is a tax-withholding/surrender of shares (code F), not an open-market sale intended as an investment move.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (filed promptly).
- Transaction type/code: F — payment of exercise price or tax liability (share withholding/disposition).
- Shares disposed: 32 at $191.38 each; total value ≈ $6,124.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 notes related Stock Appreciation Rights (SARs) vesting schedule — 34% on 1st anniversary, 67% on 2nd, and 100% on 3rd anniversary of grant.
- Filing timeliness: Appears timely (filed the next day); no late-filing flag reported.
Context
Stock appreciation rights (SARs) and other equity awards often trigger share withholding to cover taxes when awards vest or are settled. Such withholding transactions are administrative and do not necessarily indicate insider buying or selling for portfolio reasons. Purchases and open-market sales tend to be more informative about insider sentiment than routine tax-withholding dispositions.