Scarpelli Alexander P 4
Research Summary
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Regal Rexnord (RRX) SVP Alexander Scarpelli Receives Award
What Happened Alexander P. Scarpelli, Senior Vice President, Corporate Controller and Chief Accounting Officer of Regal Rexnord Corp. (RRX), was credited with 2.537 restricted stock units (RSUs) on April 14, 2026. The RSUs are recorded at $209.35 per share for a total value of roughly $531. This was an award/acquisition (Form 4 code “A”), resulting from dividend-equivalent reinvestment — not an open-market purchase.
Key Details
- Transaction date and terms: 2026-04-14 — 2.537 RSUs @ $209.35 per share; total value ≈ $531.
- Filing date: Form 4 filed 2026-04-16 (timely; within SEC two-business-day requirement).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F1: These shares are additional RSUs credited under the dividend equivalent reinvestment provision and are subject to the same terms and vesting schedule as the underlying RSU awards.
- Footnote F2: The filing also notes a Stock Appreciation Rights vesting schedule (34%/67%/100% over years 1–3) applicable to other awards held by the reporting person.
Context This was a small-value award resulting from dividend reinvestment, a routine administrative credit that does not represent an open-market buy or sale. Such dividend-equivalent RSUs remain subject to the original award’s vesting and other conditions and therefore may not reflect a change in the insider’s market view.