Burt Stephen M 4
Research Summary
AI-generated summary
Regal Rexnord (RRX) Director Stephen M. Burt Receives Award
What Happened
- Stephen M. Burt, a director of Regal Rexnord Corp (RRX), was credited with 2.165 additional restricted stock units (RSUs) on 2026-04-14. The RSUs are valued at $209.35 each, for a total reported value of approximately $453. This transaction is reported as an award/acquisition (code A) and resulted from a dividend-equivalent reinvestment.
Key Details
- Transaction date: 2026-04-14; filing date: 2026-04-16 (Form 4 period of report 2026-04-14).
- Price per share used for reporting: $209.35; total value: ~$453.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: The shares represent additional RSUs credited under the dividend equivalent reinvestment provision of existing RSU awards; these additional units remain subject to the same terms and vesting as the original awards.
- Filing timeliness: No late-filing indication in the provided data.
Context
- This was an award of RSUs tied to a dividend-equivalent reinvestment, a routine corporate compensation mechanism that does not necessarily signal insider buying or selling intent. The amount is small and reflects dividend reinvestment rather than a market purchase.