4Filed Jul 15, 8:00 PM ET
Regal Rexnord (RRX) Director Gerben Bakker Receives 1.53-Share Award
$RRX · REGAL REXNORD CORPResearch Summary
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Regal Rexnord (RRX) Director Gerben Bakker Receives 1.53-Share Award
What Happened
Gerben Bakker, a director of Regal Rexnord Corp (RRX), received an award of 1.53 restricted stock units (RSUs) on July 14, 2026. The RSUs were reported at a per-share value of $211.20, for a total value of approximately $323. This transaction is coded as an "A" (award/grant) and reflects additional units credited under a dividend-equivalent reinvestment provision—not an open-market purchase.
Key Details
- Transaction date: 2026-07-14; Form 4 filed 2026-07-16 (filed two days after the transaction).
- Price/value: 1.53 shares × $211.20 = ~$323.
- Transaction type: A = Award/acquisition (additional RSUs from dividend equivalent reinvestment).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The additional RSUs arose from dividend-equivalent reinvestment and are subject to the same terms and vesting schedule as the underlying RSU awards.
Context
This was a crediting of additional RSUs tied to a company dividend, a common administrative event for holders of RSU awards. It does not indicate a market buy or sale by the insider and should be viewed as a routine adjustment under the existing award terms.