BAKKER GERBEN 4
Research Summary
AI-generated summary
Regal Rexnord (RRX) Director Gerben Bakker Receives RSU Award
What Happened Gerben Bakker, a director of Regal Rexnord Corp. (RRX), was credited with 2.165 additional restricted stock units (RSUs) on April 14, 2026. The award is valued at $209.35 per share, totaling approximately $453. This was an acquisition (award) resulting from the dividend-equivalent reinvestment provision tied to existing RSU awards — not an open-market purchase or sale.
Key Details
- Transaction type: Award/Acquisition (code A) — dividend-equivalent RSU credit
- Date and price: 2026-04-14, 2.165 RSUs at $209.35 each (total ≈ $453)
- Shares owned after transaction: Not specified in the provided filing
- Filing: Report filed 2026-04-16 (appears timely based on the transaction date)
- Footnote: The additional RSUs arise from dividend-equivalent reinvestment and are subject to the same terms and vesting as the underlying RSU awards (see footnote F1)
Context This transaction reflects a routine credit of additional RSUs due to a quarterly dividend reinvestment feature tied to existing awards. Such dividend-equivalent credits are administrative and typically do not by themselves indicate a change in the insider’s market view.